IMO so far MLS has not lived up to the companies hype at the beginning of the year when they stated that this will be a company making year, so far we are exactly where we started the year, but the blame is not solely with them, I feel that they have done a good job with lots of positive announcements including a MOU with Nanhai and building roads at Lac Rainey so as to expedite exploration, but the market just seems very hesitant to get behind us at the moment.
My only complaint is that they have wasted some more money on Manindi which may have been better spent on other projects, Lac La Corne for example.
We still have 3 months left in the year, so hopefully they can find something that can get the SP moving. My hope is that the drilling is good enough for a JORC and Nanhai signs a contract to take us to production.
I'm just glad I am not holding my breath waiting for this otherwise I would be long dead and buried.
MLS Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
