I'd like to think I'm realistic/factual rather than negative but I take your point!
If anything my last post was the most "positive" I'd been about the company in a while as I honestly didn't quite expect them to get to now (admittedly they've stopped paying down their debt which helped a lot).
The 33% increase in grade you mention (75 to 100g/t Ag) only is valid as long as your recoveries stay the same, otherwise there is no realized benefit. After working at several operations over the years I have seen circuits be flooded by product which it can't handle, but I see this risk as low since the Manuka plant was designed for the Ag deposit.
I wouldn't think the cost to process silver is any less than gold; the chemistry is the same; you're just replacing Au+ with Ag+. But you will have 25x the grade coming through the plant, so there will obviously be a much higher requirement for carbon (which is scarce at the moment thanks to Covid - I hope MKR have put their order in!!!) and stripping/pouring costs will also be higher. Swings and roundabouts...
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MKR
manuka resources ltd.
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I'd like to think I'm realistic/factual rather than negative but...
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Last
4.1¢ |
Change
0.004(10.8%) |
Mkt cap ! $32.50M |
Open | High | Low | Value | Volume |
4.1¢ | 4.1¢ | 3.9¢ | $325.6K | 8.766M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1617125 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1617125 | 0.040 |
1 | 500000 | 0.039 |
1 | 50000 | 0.038 |
1 | 300000 | 0.037 |
6 | 377888 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 30000 | 1 |
0.043 | 150000 | 3 |
0.044 | 50000 | 1 |
0.045 | 101137 | 1 |
0.046 | 26886 | 2 |
Last trade - 14.56pm 20/06/2025 (20 minute delay) ? |
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