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Middle Island Resources Ltd

www: www.middleisland.com.au   email: info@middleisland.com.au
Category: Junior: Late Stage Developer
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Symbol Data

Symbol Currency
ASX:MDI AUD

Description

Middle Island Resources Ltd are a gold focused junior, late stage development company with one mine in development in Australia and one exploration property. They have approximately 0.75Moz. of gold in the reserves and resources category of which 0.5Moz. are in the measured and indicated category. They have a market capitalisation of ~A$4.11M which is a fall of roughly 53% over the last months. As of 08/26/2018 they have no debt and ~A$0.93M cash. They have 796M shares outstanding and trade on the Australian Stock Exchange.

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General Details

Financial 08/26/2018
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
Mkt. Cap (FD): $8.75M $4.11M 08/26/2018 $-4.63M
Total Assets: $3.75M $3.08M 08/26/2018 $-0.66M
Total Liabilities: $0.97M $0.80M 08/26/2018 $-0.17M
Current Assets: $1.12M $0.93M 08/26/2018 $-0.20M
Current Liabilities: $0.07M $0.06M 08/26/2018 $-0.01M
Total Debt: $0.00M $0.00M 08/26/2018 $0.00M
Cash: $1.12M $0.93M 08/26/2018 $-0.20M
Enterprise Value: $7.62M $3.19M 02/06/1970 $-4.43M
Cash Flow: $0.00M $0.00M never $0.00M
Cash Flow Multiple: 0.00 0.00 never 0.00
Net Debt to
Cash Flow Ratio:		 n/a n/a never 0.00
Finance within 1 year: 08/26/2018 n/a
Tax Rate: (guess)  30.00% (default)  30.00% 08/26/2018 0.00%
Misc 08/26/2018
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
Shares Outstanding: 796,000,000 796,000,000 08/26/2018 0
Shares (FD): 834,000,000 834,000,000 08/26/2018 0
Insider Ownership: n/a n/a never n/a
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a 01/01/2020 08/26/2018 n/a
Production (Gold Eq Oz.): (guess) 
0		 (guess) 
0		 08/26/2018 0
Production (Silver Eq Oz.): (guess) 
0		 (guess) 
0		 08/26/2018 0
Initial CapEx (Outstanding): n/a n/a 08/26/2018 n/a
Funding Option: n/a n/a 08/26/2018 n/a
Documentation: none PEA 08/26/2018 n/a
Value Adjustment: none none never 0%

Resource Data

GOLD 08/26/2018
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: n/a n/a 08/26/2018 0.00M
Measured & Indicated: 0.50M 0.50M 08/26/2018 0.00M
Inferred: 0.25M 0.25M 08/26/2018 0.00M
Reserves & Resources: 0.75M 0.75M never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: n/a n/a 08/26/2018 0.00M
Measured & Indicated: 0.36M 0.36M 08/26/2018 0.00M
Inferred: 0.11M 0.11M 08/26/2018 0.00M
Reserves & Resources: 0.47M 0.47M never 0.00M
C
U
R
R
E
N
T		 Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 08/26/2018 $0.00
Extra Operating Cost: n/a n/a 08/26/2018 $0.00
Average Grade: 1.40 g/t 1.40 g/t 08/26/2018 n/a
Recovery Rate: (CG)  90.00% (CG)  90.00% 08/26/2018 0.00%
F
U
T
U
R
E		 Proven & Probable: 0.70M 0.70M 08/26/2018 0.00M
Annual Production: 35,000oz. 35,000oz. 08/26/2018 0oz.
Cash Cost: $750 $750 08/26/2018 $0
Extra Operating Cost: $400 $400 08/26/2018 $0
SILVER 08/26/2018
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: n/a n/a 08/26/2018 0.00M
Measured & Indicated: n/a n/a 08/26/2018 0.00M
Inferred: n/a n/a 08/26/2018 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: n/a n/a 08/26/2018 0.00M
Measured & Indicated: n/a n/a 08/26/2018 0.00M
Inferred: n/a n/a 08/26/2018 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T		 Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 08/26/2018 $0.00
Extra Operating Cost: n/a n/a 08/26/2018 $0.00
Average Grade: n/a n/a 08/26/2018 n/a
Recovery Rate: n/a n/a 08/26/2018 0.00%
F
U
T
U
R
E		 Proven & Probable: n/a n/a 08/26/2018 0.00M
Annual Production: n/a n/a 08/26/2018 n/a
Cash Cost: n/a n/a 08/26/2018 n/a
Extra Operating Cost: n/a n/a 08/26/2018 n/a

Property

Last Analysis Data  (08/26/2018)
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Development Western Australia, Australia Sandstone 100% (guess) n/a Open Pit show
750,000 oz (1.4 gpt) deposit

Feasibility scheduled for 2017.

Mill need $10 million rehabilitation.
Exploration Western Africa, Burkina Faso Reo 100% (guess) 100,000 Open Pit show
Early exploration
Total Land Package Size (ha): 100,000  
Current Data
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Development Western Australia, Australia Sandstone 100% (guess) n/a Open Pit show
750,000 oz (1.4 gpt) deposit

Feasibility scheduled for 2017.

Mill need $10 million rehabilitation.
Exploration Western Africa, Burkina Faso Reo 100% (guess) 100,000 Open Pit show
Early exploration
Total Land Package Size (ha): 100,000  

Profitability (by resource)

Proven &
Probable		 08/26/2018
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: n/a n/a n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): n/a n/a n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 0.00M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: n/a n/a n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 0.00M
Maximum Profit (Gold): n/a n/a n/a $0.00M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: n/a n/a n/a $0.00M
Max Profit / Current MCap: n/a n/a n/a 0.000
Max Profit Per Share (Gold): n/a n/a n/a $0.00
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: n/a n/a n/a $0.00
Total Free Profit Per Share: n/a n/a n/a $0.00
FD Mkt. Cap / Gold Eq.: n/a n/a n/a $0.00
FD Mkt. Cap / Silver Eq.: n/a n/a n/a $0.00
FD Mkt. Cap / Per Metal
as % Spot Price:		 n/a n/a n/a 0.00%
Measured &
Indicated		 08/26/2018
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 0.50M 0.50M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 14.21M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 0.36M 0.36M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 10.23M
Maximum Profit (Gold): $13.94M $127.46M n/a $113.53M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $13.94M $127.46M n/a $113.53M
Max Profit / Current MCap: 1.593 30.978 n/a 29.385
Max Profit Per Share (Gold): $0.02 $0.15 n/a $0.14
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.02 $0.15 n/a $0.14
Total Free Profit Per Share: $0.00 $0.14 n/a $0.14
FD Mkt. Cap / Gold Eq.: $24.30 $11.43 n/a $-12.87
FD Mkt. Cap / Silver Eq.: $0.30 $0.10 n/a $-0.19
FD Mkt. Cap / Per Metal
as % Spot Price:		 2.02% 0.69% n/a -1.33%

Reserves &
Resources		 08/26/2018
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 0.75M 0.75M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 21.31M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 0.47M 0.47M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 13.43M
Maximum Profit (Gold): $18.29M $167.29M n/a $149.00M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $18.29M $167.29M n/a $149.00M
Max Profit / Current MCap: 2.091 40.658 n/a 38.567
Max Profit Per Share (Gold): $0.02 $0.20 n/a $0.18
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.02 $0.20 n/a $0.18
Total Free Profit Per Share: $0.01 $0.19 n/a $0.18
FD Mkt. Cap / Gold Eq.: $18.51 $8.71 n/a $-9.81
FD Mkt. Cap / Silver Eq.: $0.23 $0.08 n/a $-0.15
FD Mkt. Cap / Per Metal
as % Spot Price:		 1.54% 0.53% n/a -1.01%

Future Valuation (Cash Flow & Totals)

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