I agree, there has been some changes in strategy along the way. They are on that path you outlined now. What I want to see is those DD results, see what we have at depth below the RC at those targets. Then I want to see what some of those other targets on the permit look like with some first pass wide spaced RC. I believe there is adequate cash at the moment to get those questions answered.
I don't think Peter should make any comment on getting any resource update this year or set any expectation on it, it is not achievable (or needed if the drill results are good). That can wait. They will need to raise again before they put out an updated MRE is my take.
There are worse hit that MKG in the last year. Have a look at GMR, they really have been smashed too. Almost 1 million Oz resource with update MRE pending. Not much can save anyone in this market.
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Mkt cap ! $8.879M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.8¢ | $18.76K | 2.173M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 3657063 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 1245586 | 5 |
View Market Depth
No. | Vol. | Price($) |
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24 | 3657063 | 0.008 |
13 | 4052357 | 0.007 |
2 | 749950 | 0.006 |
4 | 1599990 | 0.005 |
2 | 2600000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 1195586 | 4 |
0.010 | 1750004 | 7 |
0.011 | 3704546 | 7 |
0.012 | 12454826 | 7 |
0.013 | 1873030 | 6 |
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