You don’t need to remind me….. I have been following the Wonawinta operation for over a decade…. through its multiple owners…. Been a holder aswell.
Dennis is a proper Dellboy of the aussie mining industry…. I’m a fan of grifters like him… but they can be costly to back as an ASX company, especially when its the wrong end of the cycle (eg; you won’t find many MKR SHs who aren’t in the red) as you have apply a strong filter to any sensitive mkt announcements that get released as some of it is just dross. And the standard of reporting in the company qtrly’s leaves a bit to be desired.
If they can get this recently announced operational upgrade done within the budget of this recent cap raise then its game on for MKR…. but their record on the delivery side isn’t impressive, costing SHs dearly via constant heavily dilutive cap raises.
With silver looking to enter a long awaited new bull era…. MKR is definitely one of the ways to ride that wave…
DYOR
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