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Meridian Mining UK Societas MRRDF


Primary Symbol: T.MNO

Meridian Mining UK S is focused on the acquisition, exploration, and development activities in Brazil. The Company is currently focused on resource development of the advanced Cabaçal VMS gold-copper project, the regional scale exploration of the Cabaçal VMS belt, the exploration in the Jaurú & Araputanga Greenstone belts all located in the state of Mato Grosso and exploring the Espigão polymetallic project in the State of Rondônia Brazil.


TSX:MNO - Post by User

Comment by drCashcowon Apr 24, 2024 6:50pm
91 Views
Post# 36006090

RE:RE:Copper hitting new highs!!!! absolutely on fire!!!

RE:RE:Copper hitting new highs!!!! absolutely on fire!!!STICK WITH ME ON THIS ONE!  We pay off USD $180,000,000 in 7.3 months so lets look at the first 4 years production.  48 months - 7.3 months to pay back. Leaves 40.7 months. USD 180,000,000 / 7.3 months = 24.65 USD per month.  40.7 months x USD 24.65 million = USD 1003 million USD profit in the 40.7 months.  USD 1003 million/ 400 million shares = USD 2.50 per share / 40.7 months = USD .0614 per share x 12 months = USD .737 per year or CDN $1.00 and we are @ CDN $.41. (correct me if I have made a mistake)
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