MKR manuka resources ltd.

Also interesting that this diesel price will shakeout a lot of...

  1. 3,102 Posts.
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    Also interesting that this diesel price will shakeout a lot of struggling copper/zinc/lead miners, along with primary silver miners, and reduce silver mining output this year likely by 10-20% depending on the severity of the diesel price. In a silver mining space that is already declining YoY.

    When demand is growing for silver in solar panels, electronics, war products, etc even in a global depression, and there is less of it being made it will help with the current physical squeeze going on. If you can find a company to invest in that is on the silver now and can outlast this current phase I think you will be seeing rainbows soon.

    MKR can survive for at least least 6 months with crazy diesel prices, I suspect the diesel craziness should only last for a month or two but with timing anything right now given global conditions, who knows. Crazy diesel prices will kill nearly every sector if sustained, not just miners so I can't see them letting it continue unless they have lost control of the market. And maybe worrying about ASX stock prices in such a scenario isn't going to be on anyone's mind when no food is being trucked to Coles and you can't drive to work.
 
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Last
4.1¢
Change
0.004(10.8%)
Mkt cap ! $34.17M
Open High Low Value Volume
4.1¢ 4.2¢ 3.9¢ $335.3K 9.000M

Buyers (Bids)

No. Vol. Price($)
2 152591 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.3¢ 230000 4
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
MKR (ASX) Chart
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