MKO 0.00% 7.0¢ metaliko resources limited

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  1. 180 Posts.
    Not including options im pretty sure MKO's EV is around 9m

    With the flurry of announcements coming and the low number of shares on issue i dont think it will take much to get back to 30c which would still only represent a M/C of 13m which is tiny considering the previous hits they have had at Anthill.

    Resource models for both Anthill and Goongarrie should be available shortly and an Aeomagnetic survey was commenced on jan 24th

    Anthill remains open at below a depth of 100m and historical drilling has shown that gold is present below 200m. There is still alot of potenial left for extensions and so on when they drill again!

    I know this is all in their announcements but just trying to give holders an idea of whats in store by just staying patient.

    Anyway I better start some uni homework even though this is so much more interesting :)
 
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