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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

Comment by FreddieSanfordon Jun 09, 2022 10:22am
153 Views
Post# 34743413

RE:RE:RE:RE:Post-tax NPV (7%) of $709 mln

RE:RE:RE:RE:Post-tax NPV (7%) of $709 mlnRandys1 ... it's not being negative. A low discount rate gives a NPV of $700 million and not billions or at least one billion. Quoting in gold equivalent as opposed to copper equivalent is a sneaky switch ... imo.

Now if Raymond James provided a sensitivity chart then a higher discount rate would show a lower NPV ... lower than $700 million ... uggghhh !!!

Capex is $300 million and not a measly $70 million or whatever that number was that Clark was floating around in one of those interviews.

Raymond James came up with this chit from somewhere.

Why is it so different than what Clarks interviews kinda implied for deposit value and Capex?
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