Marimaca Copper Corp T.MARI

Alternate Symbol(s): MARIF

Metals & Mining Copper

Marimaca Copper Corp. is a Canada-based exploration and development company focused on base metal projects in Chile. The Company’s principal asset is the Marimaca Copper Project, located in the Antofagasta Region of northern Chile. The Marimaca Copper Project is situated at a low altitude in Chile’s Coastal Copper Belt, 25 kilometers (km) east of the port of Mejillones and 45 km north of Antofagasta, Marimaca has access to water and power, road and rail networks supplying sulphuric acid and other consumables, as well as deepwater ports. The Marimaca Copper Project comprises a set of concessions (the 1-23 Claims), properties 100% owned and optioned by the Company, combined with the adjacent La Atomica and Atahualpa claims, over which Marimaca Copper has the right to explore and exploit resources. The Company also has an option agreement to acquire the Pampa Medina project (Pampa Medina), which consists of four mining concessions totaling 144 hectares.

TSX:MARI - Post by User

Marimaca Copper Corp > Copper at four dollars

<< Previous

Bullboard Posts

Next >>

Comment by fundinvestoron Feb 19, 2021 2:24pm

133 Views

Post# 32611752

RE:Copper at four dollars

I have a very good model - at $4 copper the inital Marimaca MOD has an NPV8, post tax, of US$850m, or C$1072m. IRR post tax around 45%. This is an amazing project. The nearer we get to final DFS and constuction, the more the spot price and forward curve becomes our friend.

<< Previous

Bullboard Posts

Next >>

Who, why, and what of the great "Crypto Surge"