MKO 0.00% 7.0¢ metaliko resources limited

Looks good for MKO holders, now have some income over next 3...

  1. 1,465 Posts.
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    Looks good for MKO holders, now have some income over next 3 years at $1m p.a, these funds could be used for development for their resource to get going for the mill over next 12 months or so...

    I thought $20-25 per tonne, was discussed here previously but seems holders are happy with the $1.

    Be interesting to see who the other party wanting to lease the mill for processing their ore, I recall the costs were limited basically flick the switch and the mill is ready in relation to refurb? Whoever it is has got a bargin in my view, get use of a mill to produce more or less 100k/oz pa for $1 per tonne extra on normal processing costs? Brilliant $1m pa to make $50,60,70m?

    Anyway see what the market thinks I guess?
 
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Currently unlisted public company.

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