Mako Mining Corp V.MKO

Share price

[james2001]

I believe they are taking the share price down on purpose. For what reason , time will tell. 
Possibly shaking out all the weak hands.I could think of a cenario for valuation purposes.Akiba has been very quiet on this board for some time.

[Method]

Who are "they"?

[AkibaLeisman]

"I believe they are taking the share price down on purpose" is there any rational reason for us doing that?  I prefer to take our share price up by accident.  

[james2001]

Yes. Once the merger went through there are always shareholders that want out.ncib would be much better spent at lower prices especially for larger holders that don't go through you.

[AkibaLeisman]

Its true that Id rather buy lower than higher. But Id rather it just be higher without buying. Not every tick is a conspiracy.

[james2001]

Many would like the higher without us buying.maybe a doubling of production would do that to show the expandable. Would love to see earning and fcf on doubling of production. Would sure help in the building of mine # 2 rather than the going to the market.  As far as conspiracy,over the last few years that word has been used many times only to turn out to be a conspiracy fact.

[AkibaLeisman]

Ok.  I would love to see all of those things quadruple.  But alas.   While it's true that part of the pre-pandemic plan was to increase production by 100% by last year, given that we live in a world of constraints, finite resources and decisions that have implications, it was decided in 2022 to "only" increase organic production growth by 20%.   This has been

[james2001]

Does that mean that you have decided to never increase this mines production beyond where production sits today given that the investment was relatively small for infrastucture to increase production beyond where it is today.Dont get me wrong because I love what you have done with this company and the increasing of production was a bit unclear going forward.I was under the assumption that the 20

[Mako2022]

James and Akiba I personally appreciate the dialogue ongoing that you both have recently. Ive been a long term investor just like James and many others.  Keep it going.  

[AkibaLeisman]

"Does that mean that you have decided to never increase this mines production beyond where production sits today" no.  It means that when we pulled back from an internally funded US$15.5m p.a. exploration spend in Q3 2022 to a US$8m p.a. internally funded exploration spend now, there were very real repurcussions as to how quickly we could prove out a mineable resource that we

[james2001]

Thank you for your response and the additional insight into your decision.