MKO 0.00% 7.0¢ metaliko resources limited

Yes I think there is plenty going on behind the scenes... It...

  1. 6,287 Posts.
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    Yes I think there is plenty going on behind the scenes...

    It will be all about what is best for the biggest holders of EAR/MKO against EK and friends basically dilute them out of the picture ...

    BOA would only have come on board for the huge profits they will make from the loans / Cap gain they will make on this investment

    Target----->>>
    100-120koz pa Gold producer , large 1-2 Moz reserve base .......$1000 AISC 60-80mill EBIT ...

    How it could roll----->>
    More drilling & scoping study at EAR will prove up the huge benefit to all involved >> EAR scrip deal for 100% control of MKO(not going be hard who's exactly going stop it) ....so that will take total market cap 60-70 mill ..then with major CR + loans from BOA and friends EAR will most likely buy up more nearby assets to reach target reserve base along with RAMP up of production , aggressive exploration budget ...


    Then the BIG Goal for the ones in the know will be to the sell the lot for Billion+ (this of course would come though BOA channels where they will clip the ticket and most likely be loaning the funds to the buyer etc... and they most likely already have the buyers waiting)


    Many of the big banks worldwide are turning bullish on GOLD ,,,,,Eastern Gold fields producing miner is always going be seen as cream of the crop ...
    Last edited by Sharetrader78: 24/05/16
 
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