MKR manuka resources ltd.
Add to My Watchlist 10.8% ! 4.1¢

Things look very different with today's gold price. So at...

  1. Greenhaven
    1,521 Posts.
    lightbulb Created with Sketch. 85
    clock Created with Sketch.
    29/08/20
    13:11
    Post #: 46918664
    Things look very different with today's gold price.

    So at current prices, we make a tick over $44M in the first (current) year mining Mt. Boppy. That clears the $22M debt and provides an additional $22M in working capital. Considering the IPO provides the funds for extensive drilling of both sites over the first year, we could have upwards of $22M in cash at the end of this current financial year. Obviously this is subject to change due to gold price fluctuations. Could be more, could be less.
    MKR Price at posting: 61.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Pilbara Exploration Identifies High-Grade Gold and Antimony Targets
right-arrow Created with Sketch.
LU7 Lithium Universe Acquires Global Rights to Transformative Solar Panel Recycling Technology
right-arrow Created with Sketch.
NEWS INOVIQ Kills 88% of Lung and Breast Cancer Cells with New Lab Treatment
right-arrow Created with Sketch.
NEWS Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms
right-arrow Created with Sketch.
NEWS Infill Drilling at La Negra Returns High-Grade Silver with Standout 28m at 507gpt
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
4.1¢ 		Change
0.004(10.8%) 		Mkt cap ! $34.17M
Open High Low Value Volume
4.1¢ 4.2¢ 3.9¢ $335.3K 9.000M

Buyers (Bids)

No. Vol. Price($)
2 152591 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.3¢ 230000 4
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
MKR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.