MKG 0.00% 0.9¢ mako gold limited

Ann: Presentation to Africa Downunder Conference, page-49

  1. 2,813 Posts.
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    These artisanal miners mined more gold than Peter ever will as he is not interested in mining gold. And probably, the artisanal miners made more money than the MKG shareholders ever will in general.

    I think they need to go into hibernation mode until the market recovers. They seem to have difficulties with both raising money at a good price and spending it wisely. Not sure if all these key personnel are needed, just one person looking after the assets may be enough. Hopefully, in the meantime, a company nearby makes an offer or the sentiment returns.


 
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