Meridian Mining UK Societas T.MNO

RE:Gilberts twitter

[Grimey2]

 

 

 

 

 

 

 

Tommy Humphreys

@tommyhump

 

$MNO.TO $MRRDF last at C$0.36 One of my favorite left for dead junior mine developers If they increase the mine throughput (tonnes per year through the mill) from 2.5MM to 4.5MM The Cabacal gold-copper project could deliver 175,000 ounces of gold equivalent production per year for 14 years This from analysts Michael Curran & Alex Brown at Beacon Securities today Beacon's net preset value (NPV) is C$1.54 billion (C$6.33/sh) in a 4.5MMtpa + Santa Helena scenario assuming $4 copper and $1700 gold Meridian's market cap is C$87 million The increased expansion is "perfectly reasonable and what should be done," according to Chair

@McLeodLuck

by phone today A preliminary economic study on Cabacal in '23 showed an after-tax NPV5 of USD $573 million, 58.4% IRR, and 10.6-month payback. That's at 2.5MMtpa throughput The company intends to publish a pre feasibility study later this year and is drilling for new discoveries It's one of my biggest bets in mining and I'm on Meridian's advisory board It's risky but worth doing some homework on

 

 

 

 

 

 

 

Tommy Humphreys

@tommyhump

 

$MNO.TO $MRRDF last at C$0.36 One of my favorite left for dead junior mine developers If they increase the mine throughput (tonnes per year through the mill) from 2.5MM to 4.5MM The Cabacal gold-copper project could deliver 175,000 ounces of gold equivalent production per year for 14 years This from analysts Michael Curran & Alex Brown at Beacon Securities today Beacon's net preset value (NPV) is C$1.54 billion (C$6.33/sh) in a 4.5MMtpa + Santa Helena scenario assuming $4 copper and $1700 gold Meridian's market cap is C$87 million The increased expansion is "perfectly reasonable and what should be done," according to Chair

@McLeodLuck

by phone today A preliminary economic study on Cabacal in '23 showed an after-tax NPV5 of USD $573 million, 58.4% IRR, and 10.6-month payback. That's at 2.5MMtpa throughput The company intends to publish a pre feasibility study later this year and is drilling for new discoveries It's one of my biggest bets in mining and I'm on Meridian's advisory board It's risky but worth doing some homework on