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11.1%

1.0¢ mako gold limited

Ann: Multi-Rig Drill Program Commences at Napie Gold Project, page-56

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Sorpa

442 Posts.

46

24/05/23

08:18

Post #: 67929250
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Originally posted by asteroider ↑

But management have made good coin on this for years have they not?
In that event one can view it as just a fraction of shareholders' funds paid in management fees going back in.
At the moment this looks more like a feel-good lefty good will venture : 'doing things right', we drill it, you dig it.... than a company determined to protect its license and deliver a return for shareholders.
At least I only got in the mid 4's.. due to the pre-cap raise pump and dump algo painting a few green candles to that end..... only a quick 40% loss in a matter of weeks. I can only imagine the wrath longer-term shareholders are feeling. This needs a management refresh IMO, but I have been around long enough on the ASX to know it will probably never happen.

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Do you get paid to work? Management get paid to do their job, which they have done and are doing. If the gold is there they’ll drill into it. Management buying shares is a good thing. They are drilling for a multi million ounce project, artisanal mining is a non issue

MKG Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.0¢		Change 0.001(11.1%)		Mkt cap ! $9.866M

Open	High	Low	Value	Volume
0.9¢	1.0¢	0.9¢	$4K	430K

Buyers (Bids)

No.	Vol.	Price($)
3	717299	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	1344736	4

View Market Depth

No.	Vol.	Price($)
3	717299	0.009
25	7467661	0.008
18	4577322	0.007
6	2479950	0.006
5	2999990	0.005

Price($)	Vol.	No.
0.010	1044736	3
0.011	438000	2
0.012	3394161	8
0.013	1660030	5
0.014	2991000	3

Last trade - 16.10pm 04/10/2024 (20 minute delay)

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