Yes but there is no history for us to fall back on for this situation. There is extremely great news for silver months away, the supply shortages are not far away from becoming extremely widespread and documented.
Yet we face issues regarding our economy, are we entering the worst depression in human history? Possibly. No miner will do well with that. No miner is going to do well with $5 AUD diesel prices even if gold and silver prices double. And we are certainly looking at even higher than $5 diesel in some scenarios.
There needs to be some financial stability for the silver play to work out really well for us I think. In the current economic environment silver going to $100 would be very well for us invested in MKR, but in ~3 months at current pace when the silver shortages break all the futures markets we don't really know what economic environment we could be looking at. This uncertainty is not helping any metals related stock right now even if you are aware of the silver shortages.
I laid out a couple scenarios that if people needed to cash out, could better determine which path to take because I can't tell which way it will go. I don't need to cash out my MKR shares so I am not really the common investor here probably, yet I can understand why things are going the way they are right now.
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MKR
manuka resources ltd.
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2.44%
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4.0¢

TTR, A Gamble, page-24
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Last
4.0¢ |
Change
-0.001(2.44%) |
Mkt cap ! $33.34M |
Open | High | Low | Value | Volume |
4.1¢ | 4.3¢ | 4.0¢ | $5.369K | 131.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 75633 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 138695 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 75633 | 0.040 |
1 | 995349 | 0.039 |
2 | 24000 | 0.038 |
2 | 47300 | 0.037 |
5 | 347888 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 138695 | 3 |
0.042 | 9794 | 1 |
0.043 | 8772 | 2 |
0.044 | 163657 | 3 |
0.045 | 83693 | 2 |
Last trade - 12.13pm 27/06/2025 (20 minute delay) ? |
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MKR (ASX) Chart |
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PAR
PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
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