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Metanor Resources MEAOD

Metals & Mining Gold Industrial Metals & Minerals
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

Metanor Resources > WOW ! 45 minutes ? No one posts the NEWS ? PEA ! ! !
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Comment by gahdcon Nov 03, 2016 3:08pm
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Post# 25421625

RE:RE:WOW ! 45 minutes ? No one posts the NEWS ? PEA ! ! !

RE:RE:WOW ! 45 minutes ? No one posts the NEWS ? PEA ! ! !It's good news and the numbers look good. NPV after taxes (at 6%): 25.9 M$; IRR after taxes: 94%; Capital startup: 8.5 M$; Payback of 0.71 years with a gold price of $1,560 / oz; All-in production cost of 1,114$ / oz (US $891 / oz); For the life of the mine, a production of 193,457 ounces of gold over 9 years; An average of 21,495 ounces of gold production with up to 37,573 ounces in year 2.
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