MKR manuka resources ltd.

Ann: Progress Report - aiming for gold production June 2023 qtr, page-4

  1. 3,102 Posts.
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    Nearly a 30% bounce off this news... which is surprising to me since I assumed everyone would have already thought this was going to be happening. I started buying a little bit off the last news as it showed to me more clearly what the next ~12 months we will be looking at internally, also in what many would consider silly, attempt to begin lowering my average a bit closer to current reality.

    Hopefully with more experienced people in the leadership team, along with past knowledge on Mt Boppy we won't be seeing unprofitable decisions being made in regards to recovering gold. I suspect Eggers wants to use "just enough" profitable gold to meekly carry the company forward as the sands project and other mining discoveries come in (which if silver/gold stay around current price is where the value will be added).

    And of course when/if silver and gold go berzerk we should still see quite good multiples of value, especially at the current price. But of course buyer beware, I'm sure a few of us feel like this in regards to positive MKR news.


    Last edited by happybear45: 22/03/23
 
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Mkt cap ! $36.67M
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