Montage Gold Corp V.MAU

speculation....Perseus buys Orca for getting Kone...

[kkkrrr]

...they said production decision for Block 14 earliest in 2023 ... the qestion for me is:  why?   maybe Perseus makes this aquistion for the 31% share of Kone  Orca holds ...    Perseus already operates 2 mines in Ivery Cote ...    this gets very interesting here!!!! ... Lundin + Sandstorm are another 2 bigger shareholders in Montage...

[SNgu8000]

kkkrrr , I owned ORG and will hold and convert to PRU and the reasons are : ORG's CEO Richard Clack seemed to believe and approve of PRU's plan ( my speculation and believe in too ) , PRU is producer now with three mines roughly 500k oz 2022 , PRU have some cash , CF of 2022 and litlle debts if it can build ORG's block 14 mine this year and next then by 2024 very much another 250k oz

[kkkrrr]

yes, zhis is possible ... but they will start with Block14 erliest in 2023 ...  and Montage has 2 further bigger shareholders (Lundin/Sandstom) with influence.. maybe a JV is possible earlier...    but onr thing is clear..Montage is worth a lot more...   and Kone will be built...   i hope we will get some news from the drilling -front soon ...   high

[kkkrrr]

the NPV @2000$ POG is >1 billion USD ...  marketcap right now only 60-70 million USD  . ....lets wait for the next steps management will do here .. permitting + drilling out the land-package...   Montage still is a company with own management and not under control of Perseus.. so we can expect further fast developement...... 

[SNgu8000]

Hugh Stuart who is running MAU now with ORG's Clark previously run " Rsdback Mining " years ago sold for $7 Bil , plus Ross Beaty and Lukas Lundin in this picture so UP TO EVERYONE's GUESS ??? I belleved that I had read somewhere MAU has low grade gold require POG higher to make mine work .

[kkkrrr]

this stock / company will go its way.... 

[kkkrrr]

some big names involved here ... the big question is the timeline because Orca/Perseus (31% share) will built Block14 first...    but it looks Montage is fast tracking developement here.. todays news suggests this ... permitting + financing is starting ...     in my view Montage is a clear takeover-target..    Perseus currently is adding money very fast with its

[kkkrrr]

The release of our Definitive Feasibility Study ("DFS") results on February 14, 2022, illustrated the expected robust economics of the KGP with a long potential mine life of 14.8 years, producing an estimated average of 207koz/year at all-in sustaining costs (non-GAAP) of $933/oz. During the first 5 years of production, the Project is expected to produce 272koz/year with a

[kkkrrr]

this mine works at lower POG  ...   look at the Feasibility Study ...  higher POG helps a lot because shorter payback period of the capex ...  AISC are low ...