MKG 11.1% 1.0¢ mako gold limited

If Oklo Resources sold for an implied A$138 per ounce in ground...

  1. 304 Posts.
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    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.

 
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0.9¢ 1.0¢ 0.9¢ $1.007K 100.7K

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1.0¢ 1903000 5
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