MKR 16.2% 4.3¢ manuka resources ltd.

GOLD/SILVER PRODUCER --HUGE upside Vs low CAP, page-48

  1. 3,183 Posts.
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    Bear in mind MKR has got 250mil shares on issue plus ~$24-26mil of debt. So at a shareprice 35c it has got a mkt cap of ~$90mil (plus add the debt on top of that). So yeah, it's still good value and de-risked considerably (with an operating plant and high PM prices), but I don't think it's bargain basement anymore.
 
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