IVR (2cents) have similar sized resource, roughly 800000 shares in issue but no processing plant or associated
infrastructure.
SVL (10.2cents) have est 66Moz resource, roughly 1.1 billion shares but no processing plant or associated infrastructure.
Both require a lot of time, hurdles to jump and probable high share dilution to get there from now.
This plant has been owned by three companies now with various mods, if all goes to plan MKR will be debt free soon. Debt free, operating plant and minesite, low number of shares compared to peers, good silver deposit and possibly increase in gold resource if Boppy is drilled. Only negative I see is distance of Boppy to mill.
There are most likely better stocks on the ASX in general but I doubt if there are better silver focused companies.
Happy to hear other’s thoughts.
IVR (2cents) have similar sized resource, roughly 800000 shares...
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Last
3.9¢ |
Change
-0.001(2.50%) |
Mkt cap ! $29.63M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.0¢ | 3.8¢ | $29.32K | 756.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 83975 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.3¢ | 465000 | 1 |
View Market Depth
| Last trade - 15.56pm 14/06/2024 (20 minute delay) ? |
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Last
3.8¢ |
Change
-0.001 ( 5.00 %) |
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| Open | High | Low | Volume | ||
| 4.0¢ | 4.0¢ | 3.8¢ | 126800 | ||
| Last updated 12.43pm 14/06/2024 ? | |||||
| MKR (ASX) Chart |