I like to compare Turaco and Mako register. Turaco has Sprott on the register, which is a massive plus for a lot of investors and gives confidence to hold. Most investors recognise Sprott. However Dundee Goodman (major investor in Mako) I think are better and bought into the placement. Less recognisable to most, however they are so selective with investments and do a huge amount of due diligence. What Mako needs is more sticky institutions now and less retail. I think this next lot of results should give some confidence if it looks like there are multiple large deposits along the fault, confirmed by RC drilling (not just auger). Hopefully get institutions back buying big chunks. Oh and if interest rates stabilise or fall then we should be in a much better state. That’s prob the biggest issue right now.
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