MKO 0.00% 7.0¢ metaliko resources limited

I think people also overlook that MKO has plenty of money in the...

  1. 1,932 Posts.
    I think people also overlook that MKO has plenty of money in the bank to get through the tough market conditions at current burn rate. Some potential buyers are possible waiting for costings of the MTT operation to see if MKO have the capital to get cash flowing without dilution.
    We also need the mining lease, which considering mining has taken place in the same pit before shouldn't be a problem.

    The main downside risk in my mind is that the MTT start up costs are higher then the cash MKO has available.
 
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Currently unlisted public company.

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