MKR - Manuka Resources

[Dona Ferentes]

08 July 2025

A$8.0 Million Fully Underwritten Entitlement Offer to Progress Manuka’s Cobar Basin Production Plan​

Highlights
• Fully underwritten Entitlement Offer to raise approximately A$8.0 million
• Offer Price of A$0.043 per New Share represents a 2.5% discount on the last
closing price
• Funds raised will be used to progress workstreams relating to the restart of the Wonawinta processing plant, the commencement of the Company’s 10-year Cobar Basin Production Plan, repayment of debt and continued progression of Trans-Tasman Resources through the New Zealand Fast-track approval process
• The Company is targeting the recommencement of silver and gold
production early Q1 of Calendar Year 2026

 

[mullokintyre]

08 July 2025

A$8.0 Million Fully Underwritten Entitlement Offer to Progress Manuka’s Cobar Basin Production Plan​

Highlights
• Fully underwritten Entitlement Offer to raise approximately A$8.0 million
• Offer Price of A$0.043 per New Share represents a 2.5% discount on the last
closing price
• Funds raised will be used to progress workstreams relating to the restart of the Wonawinta processing plant, the commencement of the Company’s 10-year Cobar Basin Production Plan, repayment of debt and continued progression of Trans-Tasman Resources through the New Zealand Fast-track approval process
• The Company is targeting the recommencement of silver and gold
production early Q1 of Calendar Year 2026

View attachment 203449

The cooking show stock had a big 17% rise on some small sketchy trades.
The stock fell away after the cap raisng, and even after todays big rise to 0.04 cents , it is still below the strike price at 0.043..
I had some low ball bids in at 0.03 that never got filled.
may still revisit that 0.03 mark.
Mick

 

[mullokintyre]

Another up day, up another 12% on some good volume.
Bit of a backlog of buers versus sellers.
Might en up actually making some money on this dog!/
Mick

 

[Antirnator]

Restart Plant and a poor use of bullet points.

 

[mullokintyre]

Restart Plant and a poor use of bullet points.

View attachment 209473

I will be waiting for the ASX inquiry into the big run up in price and volume before the announcement, but won't hold my breath waiting.
mick

 

[mullokintyre]

I will be waiting for the ASX inquiry into the big run up in price and volume before the announcement, but won't hold my breath waiting.
mick

Geez, someone paid 0.061 cents to get in just after the open.
Crazy stuff, back down to 0.056 now, but still up another 8%.
Anything with silver in to go boom after silver topped out at a tad over 69AUD .
What a great day!
Mick