MKR 8.82% 3.7¢ manuka resources ltd.

Ann: Security Purchase Plan - Offer booklet, page-4

  1. 35,296 Posts.
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    BigAI66,

    ".... the decision to stop mining the gold in favour of silver, then to change their mind again, has resulted in the destruction of shareholder wealth."


    Go back and look at the admin, wages and salaries expenses over the years........... and compare it to actual activity.

    I'm pretty sure MKR couldn't boil an egg without it costing a major lottery win figure.


    Still, the company's major strength is convincing others to part with their hard earned so sucking north of a AUD$Billion in financing for the NZ dream isn't out of the question.

 
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