Obviously, I'm not going to share your view of me being a downramper. I believe my concerns were valid up until MKR bottomed out a little while ago. At that point I moved from the 'sell' sentiment to 'hold' (as indicated by by previous posts). As also, as mentioned by my previous posts, I know that site well after working in the area back in 2015/16 and the history etc... from previous operators.
The 'downramping', if you want to call it that, related to the same pinch points that plagued CCU And BOK. Reading between the lines of their statements, I saw some worrying numbers from late 2020 and into the start of this year. However, they have halted the slide and turned the finances around really nicely in the last 6 months. Some things I still don't quite get, and are not addressed in any quarterly released by them (eg- the latest quarterly gives figures, in line with previous quarterlies, of running the mill around 40tph. That mill SHOULD easily be able to cope with 55-70tph (or 100tph assuming 800kt pa), so whats the deal? It should handle more than this now the 2nd-ary ball mill is online).
If you're not happy with me flipping from sell to buy, as you state, then what will you be happy with? I notice other posters are courteous enough to see my posts for what they are; critical analysis of what the company is saying. Surely that's valid if people are going to park their $'s there?
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manuka resources ltd.
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-37
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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($) | Vol. | No. |
---|---|---|
4.3¢ | 230000 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 152591 | 0.041 |
1 | 1617125 | 0.040 |
1 | 500000 | 0.039 |
1 | 50000 | 0.038 |
6 | 404115 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 101137 | 1 |
0.046 | 26886 | 2 |
0.047 | 333133 | 1 |
0.048 | 77777 | 1 |
0.050 | 1652843 | 5 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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MKR (ASX) Chart |