MKO ..one of the biggest volume days in
Well for one I've gone off the idea of MKO - EAR merger ....for me a J.V toll treatment deal would work much better for MKO holders imho unless the merger price is right (certainly no higher than current value)....why because EAR only has great drill results to date ...No JORC so zero Gold reserves yet ..so EAR needs to spend a good chunk more cash on drilling and then PFS and mining and environment permits before any J.V deal
much rather let EAR dilute than MKO
Time frame... well by the sounds of it MKO have another 6000m of exploration drilling very soon to be underway and for sure be able to increase their 270koz resource ...
Sounds like they have a very interested party that wants not only a stake in MKO but access to the plant to toll treat ore >>also they had the beast 2.3mtpa Bronzewing plant up and trail running only days ago and it seemed to be in order >>
Fact is MKO is in the right place at the right time ...surrounded by stranded Gold resources in the heart of the Gold fields ..