I can see you’re trying to goad me into revealing the actual...

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Gratton44

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05/08/23

18:54

Post #: 69179297
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Originally posted by happybear45: ↑

We both know that we both know the logistics and terminology involved here. All I am saying is in regards to what they have stated in this report such as :-

*Screening of the material started in early May (and the Wonawinta plant started processing of the screened product on 14 June)*The gold in circuit (gold residing in the tanks within the Wonawinta plant) at the end of June was building consistently in line with forecasts and exceeded 600oz gold

So without even needing to squint this means they produced >600 ounces of gold, or 1.9M aud in 16 days once they started running the material. Did you miss this part? If they can keep that up for the remainder of the year there would be no need for a CR provided they can do some deal with that loan due Sep 30. The people with most experience on Mt Boppy ore right now are MKR, so I don't think it is out of the question that they could push recovery rate higher either. And there is no way they processed all they screened in 16 days either, so whatever they screened in the June quarter must be being fed in right now. Do you disagree with this now? You were using the screened numbers to come up with a recovery rate maybe also forgetting the throughput rate of Mt Boppy is significantly less than the silver, and also with changes in operation to reduce costs.

Anyhow it is like I stated earlier in the year, they are hoping to be able to use Mt Boppy to eek along, doing the bare minimum to stay afloat while these other opportunities hopefully bare fruit. This quarterly shows that is possible as long as they do not run out of material.

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I can see you’re trying to goad me into revealing the actual numbers but if I say them it will be cited as unsubstantiated information.

Let’s just agree we both know the situation but the only difference is you are pro-MKR mgmt and board whereas I’m anti-them based on the last (in particular) 2 years.

I’ve attached a photo to prove my point.

MKR Price at posting: 5.0¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 4.5¢		Change 0.001(2.27%)		Mkt cap ! $37.51M

Open	High	Low	Value	Volume
4.4¢	4.5¢	4.4¢	$22.08K	492.3K

Buyers (Bids)

No.	Vol.	Price($)
3	56275	4.4¢

Sellers (Offers)

Price($)	Vol.	No.
4.6¢	24878	1

View Market Depth

No.	Vol.	Price($)
3	56275	0.044
1	10000	0.043
2	22000	0.042
2	12500	0.041
4	279749	0.040

Price($)	Vol.	No.
0.046	24878	1
0.048	73554	2
0.049	4197	1
0.050	200000	1
0.051	77777	1

Last trade - 15.38pm 30/07/2025 (20 minute delay)

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