MKG 11.1% 1.0¢ mako gold limited

stock price is disappointing but it's not just mkg, spec's...

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  1. 1,729 Posts.
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    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
 
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Last
1.0¢
Change
0.001(11.1%)
Mkt cap ! $9.866M
Open High Low Value Volume
0.9¢ 1.0¢ 0.9¢ $4K 430K

Buyers (Bids)

No. Vol. Price($)
3 717299 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 1344736 4
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Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
MKG (ASX) Chart
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