Another $595,964 to the bank balance ... MKO certainly seem to be able to raise the cash easier enough while many peer miners have issues ...
..Owning thea 2.1mtpa plant and large Camp does give it great upside many peer sized explorers only dream about
Even if just a toll treatment deal to keep the plant 90% cap. would be a great outcome say 2g/t gold ore reserves at 80% recoveries would see round 100koz p.a production then just rough est $1200 AISC and 50/50 split of EBIT @ 1600oz AUD(so $200oz nett to MKO) sales would see MKO =20mill EBIT p.a
MKO Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held
