MKO 0.00% 7.0¢ metaliko resources limited

Gold Micro ready to explode, page-359

  1. 6,287 Posts.
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    Yes and as we know MKO brought BZW for a song ....all about timing ...like what the Gold price was at the time as we know the PM sector runs a real BOOM n BUST cycle ....

    also BZW is 600ktpa bigger than Wiluna and in much better shape ....from memory BLK spent 10mill+ on refurbishing the plant to bring it up to standard and size....

    now looking at BLK commanding a market cap of 200mill and not in production as of yet so should see that value increase ...560koz in reserves.. large 5.1moz resource base...

    MKO just needs the right reserve/resources base and they will also command a larger cap
    now instead of diluting S/Hs they might well do it through J.V -lease agreements
    Last edited by Sharetrader78: 26/07/16
 
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