This is what the old mine produced at back in 2015 against a low silver price of around $20 aussie which got them into trouble..
so they are able to produce at call it $20 an ounce...
the Silver price is currently $40 an ounce and going much higher...
They have a plan to have 2 mill oz of silver per year through that mill for the first 5 years.
considering they have 52 million oz, if that could be done with the total resource we are talking 52 mill * 20 (margin at current price) = 1.04 billion / current issued capital would give you $5.38 per share.
Do your own research
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manuka resources ltd.
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MKR: The Best Silver/Gold Play on the ASX., page-8
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Last
4.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.00M |
Open | High | Low | Value | Volume |
4.2¢ | 4.5¢ | 4.2¢ | $73.48K | 1.691M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1169486 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 95435 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1169486 | 0.042 |
1 | 50000 | 0.041 |
1 | 100000 | 0.040 |
2 | 47300 | 0.037 |
6 | 377888 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 95435 | 1 |
0.044 | 48657 | 1 |
0.045 | 361826 | 2 |
0.046 | 7500 | 1 |
0.047 | 110000 | 2 |
Last trade - 15.59pm 24/06/2025 (20 minute delay) ? |
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