Haha if this becomes the next FMG, I am going to buy my own private island! But yes, I agree that the best word to describe the market is 'unpredictability'. I don't think anyone predicted the wipe of the $0.005 wall this month, I certainly didn't. Another point to mention is that as many have said previously, the downward risk is minimal with the current situation, while the upward potential is massive. Unpredictability + this sort of risk/reward is a no brainer IMO. Management have really turned this company around; instead of having toes dipped across anything and everything, see what they have already done with Sherlock Bay and uranium. They have cleaned things up and are now focussed on progressing the 'hot demand' projects with graphite, lithium and cobalt, which analysts forecast a continuing rise at least for the next decade. The market is always changing, but MLS is now in the right place at the right time. Gino, with his recent stepping-down from another ASX listed company, should have more time/resources focussed with MLS now that there is so much potential and news flow to come. The Manindi lithium news was definitely a pleasant surprise, but I am really excited for the graphite results that are due soon. So much news flow expected this month; even one decent ann should allow for a rerate. The pressure continues to build as most have been watching closely; a ticking time bomb before the next line wipes come. GLTAH, your patience will be rewarded soon![]()
Haha if this becomes the next FMG, I am going to buy my own...
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