MBM 3.33% 3.1¢ mobecom limited

better than sdl: market cap $50m drilling july, page-85

  1. 2,352 Posts.
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    The Youkou deposit is only 50 km from one of Sundances deposits.
    The drilling is about a week away and if we strike 50 metres of DSO haematite n in the first holes we could very easily see the sp reach $ IMO.
    The stock is very tightly held and we have a substantial cornerstone investor on board for support.
    These things aurur well for a sicnificant sp rerating if we have a successful drilling campaign. I would expect an announcement that drilling has started late next week or early the following week.
    Fingers crossed.
 
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