Sorry just noticed the link uploaded few days ago didn’t work , try again below
https://unauthorised investment advice/experts/barry-fitzgerald-868000oz-of-african-gold-check-lithium-potential-check-stock-under-1c-wait-what/
the main arguments in the article is that there is a total disconnect on MKG’ market cap, and company’s assets - some 898k oz of gold on the ground . At current market cap., it only valuing company’s gold under ground ~ $6 per oz, while on average, it should be around $40-50 per oz for west Africa gold explorer.. to me it is totally unjustified. Why market dislike MKG so much.. happy to to see the trend is turning.
Ann: Napie Gold Project and Goldridge Due Diligence Update, page-11
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Last
1.3¢ |
Change
-0.001(3.70%) |
Mkt cap ! $12.68M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $9.321K | 717K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 4279059 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 317000 | 2 |
View Market Depth
| Last trade - 15.13pm 10/05/2024 (20 minute delay) ? |
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Last
1.3¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.3¢ | 1.3¢ | 1.3¢ | 24015 | ||
| Last updated 14.00pm 10/05/2024 ? | |||||
| MKG (ASX) Chart |