Member Info for Midus

It appears that the market is broken, its a world wide problem involving the shortage of minerals .I would suggest googling the reasons as its a bit complicated to cover in a few sentences,. There are some useful videos on the subject on the net.

I will not be selling any shares.

Noted that there were 7 RNS's that dropped in the afternoon during 2025.

Results could come at anytime.

Thanks Ethic

Can MM's see if an RNS has been logged before its issued?

Does anyone have experience of in investing in gold stocks on ASX, the pros and cons etc.

Just out of interest, a request for info re possible delays in assay laboratory analysis of gold rock samples provided the following:

AI Overview

Yes, there have historically been significant delays in gold assay results in Queensland and across Australia, with reports of wait times up to several weeks.

Reasons for Delays

The delays are generally caused by a combination of factors affecting the entire Australian gold sector, not just Queensland:

High Demand: A surge in gold exploration and new projects across Australia has increased the volume of samples sent to laboratories.

Skills and Labour Shortages: The industry has experienced a lack of skilled labour, from drilling operators to laboratory technicians, which slows down the entire process.

Supply Chain and Cost Pressures: General inflationary pressures on input costs and supply chain issues can affect laboratory operations and efficiency.

Traditional Methods: Conventional fire assay, while an industry standard, is a multi-step process that can take days or weeks for results, especially with high volumes.

We're all done it many times, more interested in the RNS little red dot, than what day of the week it is, at that time of the morning.

Only 2 more sleeps before we are up and running again.

Many shares across LSE not showing no. of trades today

Top dozen risers this morning all showing no trades.......problem with LSE site?

Blocked for blatant rampamping every couple of minutes

40034427,

I agree with your comment about the management at JAN, they do appear to have the edge over MILA. They both seem to have similar business models which I think will deliver good results in due course.

3rd option in Q3 / Q4 should be sale

Hi Tominvesting,

it really is a race to news between these two. I 'm hoping that they both can get to a more advanced view of how much gold they are sitting on in Q1 /Q2 2026 and then quickly move in Q3/ Q4 2026, to production, JV or production. After that it's Happy Days.

As for prices Iv'e got MILA penciled in at 8p and JAN at 6p, both at the end of March 2026.

The icing on the cake is that when the first one pops then it can be top sliced of feed the there one.

Tominvesting, I have to agree with your choice of MILA and Jan as they were the 2 gold miners to drop out from my selection criteria

- mines that have previously in production but have stopped due to the old price or higher mining priorities (avoids the risks of early years of exploration)

- located close to current gold mining activities

- historical documented evidence of gold

- good local mining infrastructure

- mines from the 1950's to the 1970's that have not been subject to modern mining technologies

- open cast mining if possible

- staff with previous experience of gold mining, company funding, mining finances and local procedures

- staff that are heavily incentivised with future shares rather than high salaries

- regional stability & local government approval of local mining

- de risked investment as far as is practicable

- potential to move the MCAP from £10m's to £100m's

Both MILA and JAN seem to meet most of the above

I suspect that many of the investors here, do check in now and again on slow days. Just waiting for the next RNS to fall.

Another brick in the wall, good news for the weekend.

NEW CONTRACT SIGNED with existing customer who is a top 5 Pharma.

As well as the new contract, equally as important, is "These tools will enable the partner to validate drug candidates and may also be used to analyse patient samples during clinical trials, potentially leading to clinical diagnostic development".

I'm 100% in agreement with you dickie, and their business model does make a lot of sense compared with exploratory mining

- they did their homework focusing on historic gold mines that have not been fully mined for various reasons

- sites where gold in volume has been extracted historically,

- surrounded by current production gold miners

- costs are being carefully controlled

- use of modern technology

- gold samples found below and beyond old workings

- a number of leases in the current portfolio leases

- possibilities of JV's, buyouts

There is a lot to look forward to with the latest Phase 2 drilling analysis just weeks away followed by the initial Yoorol MRE just a couple of months away.

modern technology confirms existence of gold below and beyond

Buys v sell running at 4:1

Over £140k in large trades since 10.00.........keep hovering up