XAO 0.27% 8,586.9 all ordinaries

Short Term Trading Weekend Lounge: 6 -8th Apr, page-116

  1. 3,170 Posts.
    lightbulb Created with Sketch. 105
    STTCOMP MLS, TA LONG
    Metals Australia - Graphite, Lithium, Cobalt, Uranium
    MC $12m
    Cash $360k + $3.1m Placement

    May as well go down in flames this week.
    167m shares traded on 3rd April which got the obligatory ASX speeding ticket, to which they replied "nothing to see here".

    Courtesy @dreamin "The graphite drilling has been underway for a while, we are next door to around 13.6 M tonne of roughly 14% grade and on trend, not to mention one of the lowest cost production prices in the world! And yes we also have Cobalt, Lithium, a proven zinc resource in Manindi (72,000 tonne @ 5% roughly) which also has Lithium, yet to drill more. A 30% interest( complicated yet FREE) of nickel resource and a bite at the Pilbara conglomerate gold included with it."

    Courtesy @Petertkd "MLS holds many huge potential Projects in Western Australia - Namibia and Canada.
    These projects involved ZINC - GRAPHITE - LITHIUM - COBALT - URANIUM ...​

    Two Base Metal Projects in Western Australia :​

    1/ Manindi Zinc Project.
    HIGH GRADE LITHIUM BEARING PEGMATITES also discovered At Manindi Project.​

    2/ Sherlock Bay Extended Base Metal Project, recently MLS announced a Restructure of the
    Sherlock Bay Extended Project.​

    Uranium in Namibia :
    3/ MLS holds 100% of the MILE 72 URANIUM PROJECT on the west coast of Namibia .​

    GRAPHITE - LITHIUM - COBALT in Quebec Canada:
    MLS, through its wholly owned subsidiary Quebec Lithium Limited(QLL) owns a 100% interest in :​

    4/ Lac Rainy GRAPHITE Project.
    5/ Lac du Marcheur COBALT Project.
    6/ Lac La Motte LITHIUM Project.
    7/ Lac La Corne LITHIUM Project.
    8/ Lacourciere-Darveau LITHIUM Project.​

    Please refer to MLS' Quaterly Activities Report for more details.​

    MLS sp closed today at 0.4c ."Micro" Cent for all these projects.
    Research on AVZ 's Lithium Project , seen AVZ sp steady at #0.6c -0.9c #3 years .
    In 2016-2017 AVZ sp started to move and hit high at 37c on 16-01-2018.​

    IF MLS Lithium project follow AVZ Lithium's footstep MLA should hit 35c by next year with just MLS's Lithium only.
    This week MLS commence drilling : Lac Rainny GRAPHITE Project. (Last Ann.)"​

    mls_ax08mar17_to_21apr18.png
    Last edited by peejayhercules: 08/04/18
 
watchlist Created with Sketch. Add XAO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.