MKR 2.38% 4.1¢ manuka resources ltd.

GOLD/SILVER PRODUCER --HUGE upside Vs low CAP, page-69

  1. 6,353 Posts.
    lightbulb Created with Sketch. 3062
    Thanks S.

    Debt is manageable at the current gold and silver prices. I don't think there is a risk of CR or otherwise here in the next 12 months if they achieve 22-24k oz.
    https://hotcopper.com.au/data/attachments/2337/2337219-4949c4ac69622762c9b2febbdc1ec35b.jpg
    LOM is the issue here and hazy beyond the 12 months. Mt Boppy ore-body is easy to interpret and I do like the low grade, low variability nature of assets like this.
    https://hotcopper.com.au/data/attachments/2337/2337273-3ceddcc4064854905c4e7e2869dbb4c7.jpg
    This asset is where the Moneyball numbers seems to be coming from... but its Ag. Ag tailwind is there at the moment but a big Ag slide then this may go in the way of the Cu Tritton story.
    https://hotcopper.com.au/data/attachments/2337/2337287-1c313a67763e10801b9e07017ae6b6c9.jpg
    Still a hold for me at the moment, letting this recent run up simmer a bit but definitely worth a speculative sh1ts and giggles amount...
    Last edited by Exised: 30/07/20
 
watchlist Created with Sketch. Add MKR (ASX) to my watchlist
(20min delay)
Last
4.1¢
Change
-0.001(2.38%)
Mkt cap ! $31.97M
Open High Low Value Volume
4.3¢ 4.4¢ 4.0¢ $61.80K 1.521M

Buyers (Bids)

No. Vol. Price($)
1 10000 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.5¢ 220000 2
View Market Depth
Last trade - 15.20pm 06/11/2024 (20 minute delay) ?
MKR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.