MKR

0.00%

3.1¢ manuka resources ltd.

svl actually ~$280m mkt capdow gold ratio - higher it is -...

First 23 Last

Share
Profile

Follow
goldbear77

9,802 Posts.

3491

02/08/21

13:41

Post #: 54962610
Share

Originally posted by goldbear77: ↑

except its a historically low price for gold and silver relative to most other asset classes

the gold/dow ratio has rarely been lower and the global commodity index is still in the lowest tercile its been in 20+ years

which isnt to say they cant fall from here - but it does suggest the probabilities are both gold and silver prices will rise from here on a trend basis

in 2013 wonawinta was expected to have a $25aud silver only cash cost to produce 1.3Moz. dont know the head grade.

Currently we're at ~$35aud silver

but my view is - you only ever want to own any PM miner exposures if you think the PM trend is sideways or up

id see your point if it was trading high value vs its tandible asset base - like SVL, IVR etc

but mkr is already heavily discounted precisely because of the concern you have - and its actually cashflow positive currently. The others are negative

svl is a 40g/t resource requiring $400m+ capex to get up - so unless you are opining on it, ard, ivr - Im not clear what is triggering this thought process on the specific stock?

if you think mkr is marginal here - you just shouldnt hold it and youd have to sell at speed stocks like slr, ivr, svl, ard etc

because they would be far more marginal than mkr and vulnberable from a valuation/sp perspective

SVL is $230M mkt cap - largely on institutional buying of the resource value.

resource valuation is not understood by retail generally - they do not know how its priced.

ARD is $40M mkt cap - with 33Moz at 38g/tAg and some zinc

but i do agree understanding reversion and cashflow risk are important. just not to this stock solely

Expand

svl actually ~$280m mkt cap

dow gold ratio - higher it is - cheaper gold is vs stocks on relative basis

global commodity index - and that index usually rises above its former highs every 20 year cycle because prices have to rise as low cost production gets utilised and so average grades go lower - mining/production costs rise

MKR Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Bitcoin: Current State of Play & Where to Next | Swyftx

Revolutionary inverter technology leads the clean energy charge

Emerald & Azure score Digger & Dealer awards

HZR

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

TKM

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

TNC

True North increases silver metal at QLD's Vero deposit by 20%

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

NEU

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

There are more pages in this discussion • 53 more messages in this thread...

First 23 Last

Add MKR (ASX) to my watchlist

(20min delay)
Last 3.1¢		Change 0.000(0.00%)		Mkt cap ! $24.17M

Open	High	Low	Value	Volume
2.7¢	3.1¢	2.6¢	$27.72K	968.4K

Buyers (Bids)

No.	Vol.	Price($)
1	99197	2.8¢

Sellers (Offers)

Price($)	Vol.	No.
3.1¢	37334	1

View Market Depth

No.	Vol.	Price($)
1	99197	0.028
1	37000	0.027
6	515000	0.026
2	19250	0.025
1	43521	0.023

Price($)	Vol.	No.
0.031	37334	1
0.032	400000	1
0.035	452345	2
0.039	75000	1
0.040	221160	4

Last trade - 16.10pm 09/08/2024 (20 minute delay)

MKR (ASX) Chart

svl actually ~$280m mkt capdow gold ratio - higher it is -...

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Bitcoin: Current State of Play & Where to Next | Swyftx

Revolutionary inverter technology leads the clean energy charge

Emerald & Azure score Digger & Dealer awards

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

True North increases silver metal at QLD's Vero deposit by 20%

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

svl actually ~$280m mkt capdow gold ratio - higher it is -...

Top Stories

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Bitcoin: Current State of Play & Where to Next | Swyftx

Revolutionary inverter technology leads the clean energy charge

Emerald & Azure score Digger & Dealer awards

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

True North increases silver metal at QLD's Vero deposit by 20%

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News