I'd like to think I'm realistic/factual rather than negative but I take your point!
If anything my last post was the most "positive" I'd been about the company in a while as I honestly didn't quite expect them to get to now (admittedly they've stopped paying down their debt which helped a lot).
The 33% increase in grade you mention (75 to 100g/t Ag) only is valid as long as your recoveries stay the same, otherwise there is no realized benefit. After working at several operations over the years I have seen circuits be flooded by product which it can't handle, but I see this risk as low since the Manuka plant was designed for the Ag deposit.
I wouldn't think the cost to process silver is any less than gold; the chemistry is the same; you're just replacing Au+ with Ag+. But you will have 25x the grade coming through the plant, so there will obviously be a much higher requirement for carbon (which is scarce at the moment thanks to Covid - I hope MKR have put their order in!!!) and stripping/pouring costs will also be higher. Swings and roundabouts...
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Last
3.7¢ |
Change
0.003(8.82%) |
Mkt cap ! $28.20M |
Open | High | Low | Value | Volume |
3.5¢ | 3.8¢ | 3.5¢ | $69.06K | 1.902M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 80001 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 442823 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 80001 | 0.036 |
3 | 225785 | 0.035 |
2 | 129000 | 0.034 |
1 | 500 | 0.033 |
4 | 271152 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 442823 | 3 |
0.040 | 546938 | 1 |
0.041 | 224095 | 2 |
0.042 | 238095 | 1 |
0.045 | 92902 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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