RE:RE:Comparing Karora with Marathon GoldEbuyWww wrote: Marathon Gold not producing a single ounce, Market Cap 770 millons, 235 millions raising debt ..Expected to start producing 173k in 2024... Karora self-funded expected to produce 200k in 2024 without debt.. Didn't calculated Nickel or 2021-2022-2023 production.. Let me resume the situation clearly; Karora is heavily manipulated or the whole market is completely stupid!!! We are undervalued compare to them by 270 millions right now.. We got 80 millions in cash vs -235 millions increasing debt for Marathon.. We got 3 year and a half of production + the Nickel Production.. It's crazy...If you put both sheet side to side market cap should be the opposite… Karora at 800 millions and Marathon at 500 millions.. Marathon runned by a CEO who have goes Bankrupt with a company previously..Can’t do worst than that.. Karora undervalued compare to them?!?! Really??
Marathon will have to spend hundreds of millions to get production going...Krr has all the infrastructure , equipment , machinery etc..already paid for with future capex paid for with their own money....