Disclaimer: mini-rant incoming!
The interview was quite good but between 6 to 12 months for the MRE? Dissapointing to be honest. I like the idea of releasing it once the resource is massive but there's the risk the it comes in under market expectations, we could be in a bear market by then, gold could be less favourable, etc. A lot of risks and no guarantee that we are rewarded for the wait. For that long a wait I would be hoping to more than just double my investment.
It is frustrating to see the share price continue to stagnate at these levels for this long and potentially another year now. They need to get another rig or two and smash this thing out and try to have the MRE completed by 6 months at latest imo. Why raise all that cash otherwise?
I've been holding holding MKG for almost a year now and it has easily been the worst performing stock in my portfolio, when it clearly shouldn't be.
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.76M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $500 | 50K |
Buyers (Bids)
No. | Vol. | Price($) |
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23 | 4152342 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.0¢ | 1758098 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 4152342 | 0.009 |
15 | 2646269 | 0.008 |
4 | 828500 | 0.007 |
2 | 749950 | 0.006 |
1 | 200000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 1758098 | 3 |
0.011 | 550000 | 2 |
0.012 | 799833 | 6 |
0.013 | 4716381 | 15 |
0.014 | 2981096 | 7 |
Last trade - 10.04am 14/06/2024 (20 minute delay) ? |
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Last
0.9¢ |
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Change
0.000 ( 0.00 %) |
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Open | High | Low | Volume | ||
0.9¢ | 0.9¢ | 0.9¢ | 270750 | ||
Last updated 10.34am 14/06/2024 ? |
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