MKG 10.0% 1.1¢ mako gold limited

Ann: Noosa Mining Conference Presentation, page-15

  1. 304 Posts.
    lightbulb Created with Sketch. 106
    If Oklo Resources sold for an implied A$138 per ounce in ground ( A91.3 million for 660,000 ozs) in Mali in May 2022,
    to B2 gold ( whose Fekola Mine was close by Oklo’s deposit).
    Then one could be justified in saying that Mako Gold’s 868000 resource in CDI is worth a similar price per ounce, given its geographical location and proximity to some of the Barrick, Perseus etc. mines.
    Or as a stand alone project if it can grow the resource.
    Plus I would argue that CDI is a better location than Burkina Faso also, politically and infrastructure wise.
    By that measure, MKG shares would be valued at circa 32 cents ( 376 million shares on issue), or 4 times the current price.
    MKG starting to look pretty tasty.

 
watchlist Created with Sketch. Add MKG (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.001(10.0%)
Mkt cap ! $10.73M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $16.44K 1.495M

Buyers (Bids)

No. Vol. Price($)
10 4285010 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 330718 2
View Market Depth
Last trade - 13.24pm 12/07/2024 (20 minute delay) ?
MKG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.