MKR 5.71% 3.7¢ manuka resources ltd.

Ofcourse until the resource is turned into reserve the following...

  1. 42 Posts.
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    Ofcourse until the resource is turned into reserve the following is only speculation, however IF production of over 2.5 million ounces Ag annually at current prices could mean $80 million in gross income, not sure what the AISC is, if it is around the $15/oz then profit could easily be in the ballpark or $40 million per annum for the next 20 years. $120 million in plant and equipment assets plus 52 million Ag ounces in the ground could easily see the market cap exceed $800 million without even considering the Au resource which is growing as drill results come in, that is 15X current MC.
 
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