MKR manuka resources ltd.

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-14

  1. 3,102 Posts.
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    Considering they'll barely have enough cashflow to "continue as is" the idea of them getting even more money to start mining Wonawinta is bordering on ludicrous right now especially with their performance to date. Mt Boppy even if they find something good, which is possible, isn't really worth mining right now either outside of something large being found.

    I suspect a slimming down of the entire operation once the silver has been processed is on the cards, new leader, expanding their known resources and working on this iron sands project. As mentioned the iron sands EPA stuff is coming up and could turn the SP around 8x immediately if its very good. How likely the iron sands thing is, I can't say, that is more a thing needing social/govt lubrication which is hard to quantify without knowing the people involved.
 
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