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Bullboard - Stock Discussion Forum Meridian Mining UK Societas T.MNO

Alternate Symbol(s):  MRRDF

Metals & Mining Industrial Metals & Minerals
Meridian Mining UK S is focused on the acquisition, exploration, and development activities in Brazil. The Company is currently focused on resource development of the advanced Cabaçal VMS gold-copper project, the regional scale exploration of the Cabaçal VMS belt, the exploration in the Jaurú & Araputanga Greenstone belts all located in the state of Mato Grosso and exploring the Espigão... see more

TSX:MNO - Post Discussion

Meridian Mining UK Societas > Nobody is looking
View:
Post by BlackAngus1979 on Feb 27, 2024 11:01pm

Nobody is looking

OK i havent posted in a while so here we go. Please let me know if i am off on the numbers:

1.9 million Oz Gold Eq at Cab - and growing
760,000 Oz Gold Eq at St. H - and growing

2,660,000 Oz Gold Eq Total  X $2050 USD = $5,320,000,000 USD 

$5,320,000,000 - $180,000,000 Mine Cost = $5,140.000,000 USD

$5,140.000,000 / 242,000,000 shares = $21.33 USD per share.....Discount however you like. Currently Trading at 0.32 CAD


hmmmmmm
Comment by Silverado1 on Feb 27, 2024 11:15pm
I like your thinking BA
Comment by TradesInc on Feb 28, 2024 10:54am
Your Numbers are good Black Angus. Even if you discount 90%. MNO share Price should be $3.00 CDN. Right Now!  Great Job Management. 
Meridian Mining UK Societas
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