re: Ann: Metaliko to Progress Mine, Truck, Tr...
the sp is absolute rubbish all right. i should have had a stop loss. i think this is worth a crack at doing a new trade, wait for the turn then buy in. no real bad news out of this, an expectation of early cashflow in the latest announcement. i am not sure of the timeline for this however, maybe late this year/early next year. it must go to its previous high, one would think. that is 30c. even if it just gets to my buy in point, that would do. the big risks look to be: the price of gold the number of shares dribbling out of escrow. 25 million odd to come, 17 mill odd options to come. all up about 75 million shares and options including already listed ones. mko not finding anything on their primary exploration targets.
MKO Price at posting:
11.5¢ Sentiment: None Disclosure: Held
