The gold thesis has changed in my mind after those DD results. The mineralization is hard to map and perhaps will cause issues going forward. Without some better drill results elsewhere in the permit (which there is not really cash for now) we are in a tricky situation. The manganese option looks the better route at the moment, probably cheaper too.
I guess sometimes you win with explorers and sometimes its a fail. Imagine if there was really thick mineralization at depth, we would be laughing. Maybe they will hit something decent in the next round of drilling, who knows.
- Forums
- ASX - By Stock
- MKG
- Ann: Presentation to Africa Downunder Conference
Ann: Presentation to Africa Downunder Conference, page-62
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
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¢ | $2.79K | 310K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 391700 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 4036017 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 269700 | 0.009 |
17 | 2933033 | 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 - 15.37pm 23/08/2024 (20 minute delay) ? |
MKG (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online