MLS 10.7% 2.5¢ metals australia ltd

MLS :Multiple Targets for "Micro" Cent., page-2624

  1. 1,620 Posts.
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    Disagree

    Prove one project and i'm of the opinion they've had one good project. A company with hands in too many pots seemed to make no progress and have multiple CRs for each project ending up in massive dilution.

    One project they should focus on is graphite and stick to primary objectives. That will be a company maker in itself.

    I've found the whole lithium drilling a side show and i express the same sighs from the drilling this year as last year with Mandini. Still results are inclusive. If there is Zinc and they have a proven resource, better to focus on what they've proven and start mining or getting a JV to do it for them.

    Investors roadshow i think isn't necessary, BOD know who their customers will be. They've got form in transforming companies from exploration to producers.
 
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