RE:RE:RE: Hammerdown FS Compared with MAE/Point RousseMAE has excellent and advanced exploration projects much like Signal.
Other than Orion, these could be spun out to MAE shareholders as part of the merger with Point Rouse.
MAE currently has a market cap fair value in the $105 million range.
Point Rouse about $35 million or so but its provision of essentially all of the mining facilities for the Hammer mine, saving MAE $60 million or so, it's not unreasonable to see the NewCo merger to trade above $150 million.
The 6 year LOM will provide strong cash flows for project expansion ...Orion for MAE and other satellite deposits at Point Rousse for Signal.
There is also the possibility of acquiring Ramblers Nugget Pond Floatation plant should it go into bankruptcy .
But, that is a long shot not yet properly analysed