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Meridian Mining UK Societas T.MNO

Alternate Symbol(s):  MRRDF

Meridian Mining UK Societas is focused on development and exploration of the advanced stage Cabacal VMS gold-copper project, regional scale exploration of the Cabacal VMS belt and exploration in the Jauru & Araputanga Greenstone belts (the above all located in the state of Mato Grosso, Brazil). The Cabacal Project has licenses covering approximately 50 kilometers (km) of the 55 km VMS belt. The Espigao Project is located on the southwest margin of the Amazon Craton, in the western margin of the Proterozoic Rondonia-Juruena Province. The Company’s Espigao Project covers an area of 72,800 hectares. The Company holds mineral rights totaling 55,559 Ha in the Mirante da Serra Project. The licenses cover an area with an intracratonic basin in the Amazon Cratin, emplaced over crystalline basement rocks of the Jamari metamorphic complex and Mesoproterozoic Rapakivi granites. Its Ariquemes Tin Project comprises a land package in Brazil.


TSX:MNO - Post by User

Bullboard Posts
Comment by TFSAfundson Jul 05, 2017 7:48pm
106 Views
Post# 26437467

RE:RE:What about...

RE:RE:What about...Maybe it will pay for itself... kinda like all the exploration costs for the Mn were
supposed to be self financing... remember. For the transmission line, we might
receive cash in 6 instalments or we get offsetting bills for energy consumed. The 
cost of this was to be estimated during the technical audit and due diligence period.
Well, that's over and I don't recall seeing any figures. Since Meridian's coffers are
just overflowing with cash these days, why not bankroll Brazilian infrastructure?
You do realize that debt will probably be written off or somehow negotiated off
the books... 
Bullboard Posts