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Mako Mining Corp V.MKO

Alternate Symbol(s):  MAKOF

Mako Mining Corp. is a gold mining, development, and exploration company. The Company operates the high-grade San Albino gold mine in Nueva Segovia, Nicaragua. It also owns the Eagle Mountain Gold Project in Guyana, South America. The Company’s primary asset is San Albino mine, an open pit mine located in Nicaragua. Its San Albino gold project is an open pit development project located in Nueva Segovia, Nicaragua, approximately 173 kilometers north of Managua and accessible through a paved highway. Its Las Conchitas area is located approximately 2.5 kilometers south of its high-grade San Albino Gold Deposit and is situated near the southern end of the Corona de Oro Gold Belt. The Eagle Mountain Project comprises two gold deposits, Eagle Mountain and Salbora, in addition to several other exploration targets. Its subsidiaries include Gold Belt, S.A., Nicoz Resources, S.A., and Mako US Corp.


TSXV:MKO - Post by User

Comment by Methodon Nov 30, 2021 6:05pm
185 Views
Post# 34182571

RE:share price

RE:share price

barrywhit wrote: There is always someone ready to sell on any up tick!!

I was under the impression that the AISC was going to be around $700-800.I thought that was the figure Akiba mentioned on numerous webinars..

 

The mill hasn't been operating at full capacity. I'm sure you can appreciate if production is at full capacity then revenue would be significantly higher without a proportionate increase in costs.

$700-800 is presumably at closer to full capacity and maybe even when both mills are going. 

Also grade is super important. Higher grade in Q4 will mean more revenue per ton with  no impact on marginal costs.That will also reduce cost per oz.

 

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