Australia's largest stock trading and investment forum Australia's #1 stock forum

MKR

3.57%

5.8¢ manuka resources ltd.

What is the AISC $/ounce of the silver project?

First 12 Last

Share
Profile

Follow
Rubiconis

1,383 Posts.

508

14/03/22

10:56

Post #: 60173946
Share

Originally posted by happybear45: ↑

If this last gold pour isn't part of the 3M cash they said they had it also shows how poor the planning of this CR is. Imagine even if they held off 2 months of processing before doing the last gold pour so their cash looked worse than it would be 2 weeks later.

There was a massive bull signal going off on the day before they did the CR, silver was going up, there were a lot of green candles on MKR in the week leading up and then you call a CR to halt the potential of SP being over 40c that week of the raise. You don't even pull a little sweetener "monthly report" right at this point, today, to say you sold all the gold and here is our current cash on hand nearly matching our debt. Would have sent SP even higher, then you pull out of a CR if you're desperate to keep going gung ho on drilling when the SP is around 50c which is roughly what it would be given all that info and the silver/gold market.

It looks more and more suss the longer I think about it and as more information comes in. 2 weeks of downtime in switching over to silver when you have 5-6M cash in hand isn't some red alert signal we need CR quick quick quick. The silver stockpile is profitable even with diesel being double what it is now. Would be good to hear what someone like @goldbear77 thinks about it.

Expand

What is the AISC $/ounce of the silver project?

MKR Price at posting: 30.0¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

IMA

Issues emerging as Australian companies tackle critical minerals challenge

CXU

Cauldron Energy reports "excellent" uranium assays in latest drill run

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

TIG

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

A3D

Defence MOU for propulsion systems pushes Aurora Lab shares higher

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

There are more pages in this discussion • 24 more messages in this thread...

First 12 Last

Add MKR (ASX) to my watchlist

(20min delay)
Last 5.8¢		Change 0.002(3.57%)		Mkt cap ! $45.22M

Open	High	Low	Value	Volume
5.7¢	5.8¢	5.6¢	$26.77K	469.1K

Buyers (Bids)

No.	Vol.	Price($)
4	361164	5.6¢

Sellers (Offers)

Price($)	Vol.	No.
5.8¢	137251	2

View Market Depth

No.	Vol.	Price($)
4	361164	0.056
1	99	0.054
1	93918	0.053
1	20000	0.052
1	1500	0.051

Price($)	Vol.	No.
0.058	137251	2
0.059	205511	2
0.060	929119	6
0.061	449999	2
0.062	151375	1

Last trade - 16.10pm 11/10/2024 (20 minute delay)

MKR (ASX) Chart

What is the AISC $/ounce of the silver project?

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

Issues emerging as Australian companies tackle critical minerals challenge

Cauldron Energy reports "excellent" uranium assays in latest drill run

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

Defence MOU for propulsion systems pushes Aurora Lab shares higher

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

What is the AISC $/ounce of the silver project?

Top Stories

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

Issues emerging as Australian companies tackle critical minerals challenge

Cauldron Energy reports "excellent" uranium assays in latest drill run

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

Defence MOU for propulsion systems pushes Aurora Lab shares higher

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News