MKR manuka resources ltd.
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Understand what you're trying to get at. As things stand, then...

  1. siberiancactus
    235 Posts.
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    29/08/20
    15:53
    Post #: 46920418
    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
    MKR Price at posting: 61.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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0.004(10.8%) 		Mkt cap ! $32.50M
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