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Metanor Resources MEAOD

Metanor Resources Inc is engaged in the production and sale of gold as well as acquisition, exploration, and development of mining properties. It projects include the Moroy Project and Barry project among others.


OTCPK:MEAOD - Post by User

Bullboard Posts
Post by MontyHighon Dec 08, 2008 8:50am
651 Views
Post# 15633003

Little Help With MTO Fundamental Analysis

Little Help With MTO Fundamental Analysis
Can the board give me some help with some of my input numbers:

Right now I have the share structure as follows leaving out out-of-the-money warrants expiring this year:
Category    Num (Million)
Shares             73.469
Flow Thru Shares 20
Warrants         15.352423
Options          2
Broker Warrants  1.234
Total            112.055423

Anything wrong here?

I have annual production at 700 tonne/day at 32K oz and at 1200 tonne / day 53K oz? Do we have a date for the 1200 tonne/day upgrade yet?

Finally, can anyone give me a good source for finding, totalled up, the number of oz (Measured, Indicated and Inferred) from their various projects?

By the way, at 1200 tonne / day, $700 gold, $375 cash cost I get a price to operating cash flow ratio of 2 which means Metanor should be making money quite nicely going forward.

Thanks in advance,

MontyHigh

Bullboard Posts