Post by
StockTradeGuru on Oct 27, 2023 9:34am
More Fairy Dust Valuations in the Press release missing ..
"The feasibility study update estimated a net present value (using a 6-per-cent discount rate) of $1.16-billion, an internal rate of return of 25.8 per cent and a 2.3-year payback. The mine is expected to produce an average of 166,000 ounces of payable palladium and 41 million pounds of payable copper per year over a 13-year mine life (LOM). Over the LOM, the Marathon project is anticipated to produce 2,122,000 ounces of palladium, 517 million lb of copper, 485,000 ounces of platinum, 158,000 ounces of gold and 3,156,000 ounces of silver in payable metals."
Notice these liars are inflating the numbers when PALADIUM IS SINKING TO LOWS!
They are bsing shareholders using pie in the sky prices that are not even realistic today.
What price are they basing this valuation?
They dont even tell you LMAO
They want you to lap it up because share holders need pie in the sky hope.
Lets see the valuations at 1000$ paladium
Comment by
My19sixyNineZ on Oct 27, 2023 9:48am
"Lets see the valuations at 1000$ paladium" Uneconomical. Pi(ss)ed away yrs of an advantage trying to skate by on bare minimum work, expecting to line their own pockets.