All we need management to do is keep the company alive long enough for silver to explode. We don't some special Lance Armstrong type performance from them. Just keep costs low, make a profit, doesn't have to be big. This MKR investment will pay itself back many times over.
The three major obstacles to making over 10x your money here are the following :-
1) Company implodes before silver makes its run. Unlikely IMO since that should be this year but like with anything who truly knows
2) Them selling their company before silver moves because they think a 2-4x is good. I have no idea how to estimate this risk, anyone got an idea?
3) Some kind of completely stupid CAPEX with massive dilution before silver moves. Low risk but possible.
If silver averages $50US this year they will have made around 45M in profit for 2022. They need around 25-30M to move to a solar backed plant with double their current capacity. I suspect the stock price will be around $2.5 - $3 with silver at $50 USD. If silver hits $75US an ounce we could be looking at $5-6 and 75M in profit. Hopefully when silver does move it moves before the potential for bad decisions from management can enter the equation.
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MKR
manuka resources ltd.
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3.7¢

All we need management to do is keep the company alive long...
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Last
3.7¢ |
Change
-0.002(5.13%) |
Mkt cap ! $31.67M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.7¢ | $6.286K | 162.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13202 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 119470 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 21163 | 0.038 |
3 | 21517 | 0.037 |
4 | 320111 | 0.036 |
2 | 135709 | 0.033 |
2 | 8187 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 152694 | 4 |
0.041 | 30000 | 1 |
0.043 | 120000 | 3 |
0.045 | 101137 | 1 |
0.046 | 26886 | 2 |
Last trade - 14.51pm 19/06/2025 (20 minute delay) ? |
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MKR (ASX) Chart |
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RML
RESOLUTION MINERALS LTD
Craig Lindsay, In-Country CEO
Craig Lindsay
In-Country CEO
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