stock price is disappointing but it's not just mkg, spec's across the board are struggling... most are down btw 60 to 90%.
Reasons to invest in mkg still hold true, Gold - 870koz with clear signs of growth potential, could be 1.5+ moz in 3 to 6 months, Mn discovery and chances of some side deals, current cash 2.8 million + drilling deal = total $4 million approx, enough to increase gold resource & get some meaningful Mn news. Peter's salary is very low he is focused on drilling and increasing resource he's been doing this for 30 years, he started & sold orbis for 175 million. once the market stabilizes things can improve very quickly, just with 870 koz gold this business is worth 80 to 100 million everything else is on top... am in the same boat as other long term holders down 60 to 70% but holding is much better than selling at current lvl's... imo dyor
- Forums
- ASX - By Stock
- MKG
- Ann: Presentation to Africa Downunder Conference
Ann: Presentation to Africa Downunder Conference, page-32
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MKG (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.784M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $424 | 47.14K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 868366 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 4036017 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 746366 | 0.009 |
17 | 2935033 | 0.008 |
9 | 3508500 | 0.007 |
3 | 899950 | 0.006 |
3 | 1000000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 4036017 | 8 |
0.011 | 1481988 | 5 |
0.012 | 2336445 | 5 |
0.013 | 1873030 | 6 |
0.014 | 1576285 | 8 |
Last trade - 10.25am 22/08/2024 (20 minute delay) ? |
Featured News
MKG (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online