MKG 12.5% 0.9¢ mako gold limited

Ann: $2.6m Placement and Loyalty Option Offer, page-82

  1. 2,816 Posts.
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    Peter says (podcast published yesterday) the average market value per ounce of gold is around $70-80 for gold companies located in West Affrica (for companies with under 1 million ounces of gold). Mako's market value per ounces is $20.

    Rock Yarns: Mako Gold's Napie project supported with $2.6m placement Stock head

    Rock Yarns: Mako Gold’s Napié project supported with $2.6m placement - *

    Question is why offer a huge discount and free options when the share price is already beaten what.png

 
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