MKR manuka resources ltd.
Add to My Watchlist 5.41% ! 3.9¢

@timbin64the Wonowinta asset base is worth $100m+ to build today...

  1. goldbear77
    9,822 Posts.
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    01/10/21
    07:04
    Post #: 56485402
    @timbin64

    the Wonowinta asset base is worth $100m+ to build today - more likely +$125m based on recent mine capex inflation numbers

    inclusive of all options(ie fully diluted basis) @33c MKR trades at $99M EV if I dont include trade creditors or ~$108M if I do - using the annual report nos

    Essentially buying MKR is buying 50Moz of Ag and 50,000koz Au for zero + attaching earnings stream and exploration potential

    But as ive been stressing -- key to future value lies in your view on gold/silver spot trajectory

    MKR is about as leveraged a PM play as one can get. Market pricing of plant capital value rises and falls with spot price - along with pricing the value of the attaching earnings stream


    MKR Price at posting: 32.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
3.9¢ 		Change
0.002(5.41%) 		Mkt cap ! $32.50M
Open High Low Value Volume
3.8¢ 4.1¢ 3.8¢ $44.83K 1.128M

Buyers (Bids)

No. Vol. Price($)
1 87157 3.9¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 194032 2
View Market Depth
Last trade - 15.59pm 18/06/2025 (20 minute delay) ?
MKR (ASX) Chart
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