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Dear Mr TibbsPlease correct any errors I may make. The initial...

  1. Sixth Element
    35 Posts.
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    03/05/10
    15:57
    Post #: 6647087
    Dear Mr Tibbs

    Please correct any errors I may make.

    The initial (conceptual) target seems 25-35mt in the West Pilbara tenament.

    MDS does hold other Pilbara tenaments.

    There are close to 400m shares & options on issue.

    The current market capitalisation is near $60m fully diluted.

    The share price is already trading at $2 per tonne in-situ.

    Can I ask what other value is in this company?

    Regards

    MDS Price at posting: 14.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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