You're a good bloke Petertkd! There has been many times i was a click away from selling out on MLS but it was your detailed and well thoughtout posts which saved me and gave me some hope. Time again you have gone above and beyond to the benefit of many of us on this forum. So again thankyou for giving many of us the resolve! Now to your question IMO i think MLS is exactly where Mr Market thinks it should be. Yeah sure marketing or other fluff strategies may temporarily pump up the SP but real organic growth will only come when the drill bit SINGS and the resource is proven. Then i guarantee you a cascade effect will occur... they will come in droves to sign an offtake agreement.. finance will be significantly easier to facilitate... a plant will be built etc. All these milestones will derisk MLS then watchout BOOM! Currently its only retail buying or selling but wait once the big boys arrive. The 0.4c to 0.7c wall will be wiped out in a heartbeat.
MLS Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held
