MDI 0.00% 1.6¢ middle island resources limited

Ann: Quarterly Activities and Cashflow Report, page-2

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  1. 376 Posts.
    Not a lot of joy here. By company own estimates, they will essentially be out of cash at the end of the current Quarter.

    The PFS is only resting apparently and the plans to recommission the plant are merely slightly delayed.

    Like that Monty Python sketch where the pigeon is dead, but we are assured it is only resting....... nailed to the perch.

    Might recommence exploration again in Africa?

    $12m cap with less than half a million in tin (by end Qtr) and an uneconomic WA gold property.

    Might be time to head into Lithium? Just a though.
 
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