MKO 0.00% 7.0¢ metaliko resources limited

Maldoon, the major upside for this company will be the...

  1. 3,351 Posts.
    Maldoon,
    the major upside for this company will be the interpretation of their recent aero surveys and a possible major discovery hit on Bullabulling or Windanya.

    Anthill and Goongarrie are Mine, Truck and Treat projects that will give a nice cashflow to their bottomline. I usually see firms operate as such in Canada, Nevada and South America on prospect generators but this is one of very few companies that i have stumbled upon in Oz. The low share issue is another great indicator that the management is keeping everything on low overheads and as such moves on the upside will be huge.

    No debt, Low overheads, Good Treasury, Great management, Mid term cash-flow and possible long term flagship projects.

    Market cap is ridiculously low in my opinion..but the market will soon start to take notice. Patience is needed..
 
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