It might drift closer to cash backing, whatever that is. MKG is a $12m market cap at present and just another hopefully explorer in a far off place with considerable country risk. It does help that RSG has taken an interest - but the amount is chicken feed to them.
MKG needs some runs on the board by current team on these tenements - Orbis is Orbis, and the ones that benefited from it where those who bought in after the collapse of the share price and there had already been well established gold finds. SEMAFO literally stole that one - shareholders were just plain stupid letting it go - they should have gone into hibernation for the duration of the gold price collapse to save costs.
loki (I had a couple of lucky trades on MET before it became Orbis)
It might drift closer to cash backing, whatever that is. MKG is...
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.386M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 27999 | 1 |
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| Last trade - 09.55am 18/11/2024 (20 minute delay) ? |
| MKG (ASX) Chart |
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