MKR 9.26% 5.9¢ manuka resources ltd.

Ann: Chairman's Address to Shareholders, page-61

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  1. 3,183 Posts.
    lightbulb Created with Sketch. 835
    A long way for MKR to go but it's good to see the volume picking up this morning.....

    I feel based on the high transparency approach from management with operating updates (which I like) it feels like there is some mkt expectation built up for this to continue, and with it some expectation for the positive operational performance to have continued throughout Nov & Dec. Maybe even expectation that some further early debt repayments to have been made (on top of the Oct early repayment).... if that is a case then great and I reckon the SP will finally take off!

    But I'll just be happy if they have remained cashflow positive and have some spare funds built up to ensure they are well covered for the upcoming plant transition from gold to silver.
 
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