MKR 3.45% 2.8¢ manuka resources ltd.

Ann: Initial Depth Extension Drilling at Mt Boppy pit, page-67

  1. 225 Posts.
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    Understand what you're trying to get at. As things stand, then yes a CR seems plausible at end of Q1-2021. However, the next qtrly should reveal if there are any ramping efforts with the gold. I can't see 3.6koz a qtr at max capacity, so expect this number to go up. This would push your cash projections back into the black at end of H1-2021.

    Even an increase of 0.5mil earnings per qtr sees us at 3.7mil in the black using your projections.
    Last edited by siberiancactus: 29/08/20
 
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