MKR manuka resources ltd.

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-13

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    that implies a very bullish production assumption scenario

    but it would be unusual not to get a major shift in metal prices from here after 12 months basically sideways

    think there’s only been one other phase like that in 20 yrs

    when evn and Nst are up or down 30% in 6 mths depending on spot - you can safely say p/e through line is not going to determine the sp

    important intrinsically ofc - but not in direct sp terms as much as PM spot direction
 
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