MKR

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3.6¢ manuka resources ltd.

Ann: Manuka Debt Facility Refinancing and Silver Production updat, page-19

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magic2

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16/05/21

12:12

Post #: 53203907
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Originally posted by goldbear77: ↑

silver is the widow maker because outcomes are almost entirely down to spot price - esp for a smaller volume player. its so much great in volatility than gold - an operator in good standing one year can be cut in half the next

cobar was folly - went into production right at top of the spot price cycle

mkr is the 3rd buyer of the hotel - so to speak

outside the jury rigging around mt boppy - which imo was mainly aimed at time filling til silver broke much higher

i dont disagree that the ipo was laden with overpromise that mgt has struggled under expectation thereof - but that was always obvious.

backers are financially smart opportunists not super production managers and geos - those only get employed once listed

but the pros far outweigh the cons because its the timing of the business entry vs the spot price cycle that is crucial - and this one has been minted superbly well in terms of timing

the constant critiques from fundamentalists are valid but largely small minded/from a very limited vantage point

in the game within a game within a game - you need to understand you are dealing with cowboys - but very savvy and wealthy cowboys. they generally dont get that way by chance

the one proviso against all that is where their spreadsheets etc fail to understand a mission critical real world issue like say when ore proves refractory or reserve reconciliation is totally out of whack

but to this point - the misses have been predictable minor flesh wounds - and the upside

if you are condemned to play the on-market investment game rather than the insider pre-ipo one - this is about as good as risk/reward gets in whhat is a super high risk/high return space - if you care about whether you are in an actual miner vs an explorer/developer

but if you arent a silver spot price bull - you need to get out of the kitchen. because its outcomes rest entirely on silver spot price

small scale silver miners are not steady state buy and hold investments - and even 2Mozpa would still be small in terms of potential volatility of the aisc and so mine margins

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Very good sumation! BML or MKR?

MKR Price at posting: 39.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 3.6¢		Change 0.000(0.00%)		Mkt cap ! $28.07M

Open	High	Low	Value	Volume
3.7¢	3.7¢	3.6¢	$10.02K	278.5K

Buyers (Bids)

No.	Vol.	Price($)
2	178542	3.5¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	54805	2

View Market Depth

No.	Vol.	Price($)
2	178542	0.035
1	69999	0.034
1	500	0.033
4	271152	0.030
1	41708	0.024

Price($)	Vol.	No.
0.038	4805	1
0.039	432823	2
0.040	547848	2
0.041	224095	2
0.042	238095	1

Last trade - 16.10pm 19/07/2024 (20 minute delay)

MKR (ASX) Chart

Ann: Manuka Debt Facility Refinancing and Silver Production updat, page-19

Wealth Within considers potential takeover targets in Australia's booming infrastructure industry

NSW approves J-POWER's $380M buyout of Genex Power, giving it ownership of QLD net zero project

Talking Australia's very competitive property landscape: Realty Talks

AI stocks: What to expect in 2024-25

Imricor raises $35M to pursue growth and expansion into Australia and NZ

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Warren Tredrea’s weekly sports business wrap: the latest on business in sport

Flynn Gold flags mid-grade drill hits and always eye-catching rock chips

Week 29 Wrap: Trump in spotlight again; China's Third Plenum a yawnfest; RBA's August move a mystery

Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach

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Ann: Manuka Debt Facility Refinancing and Silver Production updat, page-19

Top Stories

Wealth Within considers potential takeover targets in Australia's booming infrastructure industry

NSW approves J-POWER's $380M buyout of Genex Power, giving it ownership of QLD net zero project

Talking Australia's very competitive property landscape: Realty Talks

AI stocks: What to expect in 2024-25

Imricor raises $35M to pursue growth and expansion into Australia and NZ

Metalicity looking for offers on Admiral Bay zinc project

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Flynn Gold flags mid-grade drill hits and always eye-catching rock chips

Week 29 Wrap: Trump in spotlight again; China's Third Plenum a yawnfest; RBA's August move a mystery

Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach

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