MKR 0.00% 3.6¢ manuka resources ltd.

Silver at Wonawinta, page-3

  1. 519 Posts.
    lightbulb Created with Sketch. 97
    You must not have been following this stock for a while then? MKR were trying to get the silver play going since 2016 when they abandoned plans to float at that time because their offer was undersubscribed. They then tried running off silver alone in 2022/23 and made a mess of that as the recoveries and grades weren’t there.

    Why would they try again? I think given their history no one in their right mind would lend money to them to try and get the silver going again. Cost to produce is more than value, even with better silver prices currently
 
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