Ann: Noosa Mining Conference Presentation, page-15

If Oklo Resources sold for an implied A$138 per ounce in ground ( A91.3 million for 660,000 ozs) in Mali in May 2022,
to B2 gold ( whose Fekola Mine was close by Oklo’s deposit).
Then one could be justified in saying that Mako Gold’s 868000 resource in CDI is worth a similar price per ounce, given its geographical location and proximity to some of the Barrick, Perseus etc. mines.
Or as a stand alone project if it can grow the resource.
Plus I would argue that CDI is a better location than Burkina Faso also, politically and infrastructure wise.
By that measure, MKG shares would be valued at circa 32 cents ( 376 million shares on issue), or 4 times the current price.
MKG starting to look pretty tasty.