MKO
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0.00% 7.0¢ metaliko resources limited

Yes maybe 3:1 will be too high a value given to EAR... when we...

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  1. Sharetrader78
    6,287 Posts.
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    04/03/16
    12:35
    Post #: 17188203
    Yes maybe 3:1 will be too high a value given to EAR... when we see the value MKO has with proven resources be it small but having the large 2.3mtpa Plant and camp = 80mill+ replacement value ..... 1:1 might well be a fairer price ...yet I'm sure EAR holders would expect more >>

    ...bit of horse or cart ....which is more valuable to the overall operation etc..

    If EAR does have the large Minable Gold resource the Merged group will be worth mutiables of the total value of both parties ...say 43mill should well be worth closer to 100mill on a proven 1moz resource....then after some great Qtr reports 200mill+
    Last edited by Sharetrader78: 04/03/16
    MKO Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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