MKO 0.00% 7.0¢ metaliko resources limited

trade halt, page-23

  1. 1,816 Posts.
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    It wont be long before MKO have a sufficient resource to feed the plant in their own right. EAR need the plant but MKO don't need EAR, however the synergies could be good for both parties if the deal is fair to MKO.

    If it is a low ball offer it may even serve to attract a third party bid. On the open market, given the current gold price and outlook, $0.20 per share ($88M) for a turn key, fully operational gold plant, accommodation and half decent resource is not a big ask.
 
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Currently unlisted public company.

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