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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

Comment by topoftheridgeon Dec 10, 2016 10:55am
140 Views
Post# 25580123

RE:Marketwatch article Dec 9th.

RE:Marketwatch article Dec 9th.Thanks gnote1

i know someone here was questioning the PEA and the currency used...CDN vs USD

here it is in writing...

Highlights of PEA Barry (*) all in CAD dollars, include:

  • Net present value (NPV) before taxes (at 6%) of $53.5 million;

  • Internal rate of return (IRR) before taxes of 198%;

  • NPV after taxes (at 6%) of $25.9 million;

  • IRR after taxes of 94%;

  • Capital startup of $8.5 million;

  • Payback of 0.71 years with a gold price of $1,560 / oz;

  • All-in production cost of $1,114 / oz


    Gnote or Gspot, i like them both.

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