"Precious metals production remains on schedule for 2025 calendar year commencement"
Wouldn't they need close to a minimum of $8mil in the Bank over and above their Debt Financing commitments, their Current Staff payments and their Admin payments to be able to put a Mining Team or Contractor in place for just one Quarter????
MKR is the Beached Whale that just will not die gracefully
***Just on valuation for Wanawinta:
I see Boab Metals has picked up Sandfire's DeGrussa Processing Plant for $10mil in cash and shares with some cash delayed until concentrate production.
** Also the Wanawinta mineral resource seems to be plagued with a high content of clay which makes processing somewhat more expensive.
From memory it seems like the deposit is only partially drilled and most of it is Resource and not Reserve status.
Someone can correct me on that if they have the correct info.
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