MKR manuka resources ltd.

Ann: MKR Commencement of Silver production at Wonawinta, page-31

  1. 3,102 Posts.
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    Their price per produced ounce on the stockpile is somewhere between $22 and $27 AUD. Current spot price is $32.53 but they would be getting a premium over spot due to the silver shortages, so likely $34 right now. That is $7-12 profit per ounce so it isn't looking so shabby in the next 6 months considering they will be looking at extracting around 900K ounces with their new method.

    It would be better for those of us who are purchasing silver for our stockpiles to go through them directly and they could get a higher price in the process. Who wouldn't want some Wonawinta silver just as a keep sake?
    Last edited by happybear45: 29/04/22
 
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