Australia's largest stock trading and investment forum Australia's #1 stock forum

MLS

Click for more information

0.00%

2.6¢ metals australia ltd

Be short, with all my knowledges : They had drilling permit....

First 3263 Last

Share
Profile

Follow
Petertkd

3,926 Posts.

857

21/12/18

16:36

Post #: 36938091
Share

Originally posted by timmi ↑

Originally posted by terrybear
'Diamond drilling is expected to commence during 2019'......I thought they were setting up for a drilling campaign now during the Canadian winter?

A play on words. Winter is from Oct - March officially. So drilling could start and be completed between these periods. They've been consistent in this message without naming a month. This is most likely due to the fact they've not got the permit.

I think the exploration got held up with permits. They stated they had the permits to an including drilling. They then announce different permit needed to drill through winter.

The year in conclusion hasn't been company defining and many key dates missed. Their saving grace is the results from the sampling. They are fully funded for drilling and so no concerns there.

Give MLS a 5/10 in terms of hitting targets for the year. I'm locked in given the really positive sampling results and i'll be looking to bring down my average over the coming months with the SP locked in for 0.003 for at least until drilling is completed.

Expand

Be short, with all my knowledges :
They had drilling permit.
Just need the variable, adjusted according to the data of last positive results. imo.

Ring Gino for more details, if wanted to.

Cheers.

MLS Price at posting: 0.4¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 157 more messages in this thread...

First 3263 Last

Add MLS (ASX) to my watchlist

(20min delay)
Last 2.6¢		Change 0.000(0.00%)		Mkt cap ! $17.45M

Open	High	Low	Value	Volume
2.5¢	2.6¢	2.5¢	$18.31K	707.6K

Buyers (Bids)

No.	Vol.	Price($)
1	3934	2.5¢

Sellers (Offers)

Price($)	Vol.	No.
2.7¢	109960	2

View Market Depth

No.	Vol.	Price($)
39	122202353	0.001
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.002	41296776	14
0.003	35137432	27
0.004	35014694	38
0.005	39884815	43
0.006	29688284	22

Last trade - 15.50pm 22/11/2024 (20 minute delay)

MLS (ASX) Chart