Marimaca Copper Corp T.MARI

15.5 million US for 1%… valuation?

[Hiezenberg]

Anyone have insight on what the valuation of the company is considering how much was paid for what they want to get? Can we calculate some sort of valuation here, or not really?

[allaboutvalue]

Management appear to be targetting 50,000 tonnes per year of production. At $10,000 per tonne and it all comes from this royalty zone, at 1% that result in royalty payments of $5M per year. Importantly all future dated and contingent on having an operating mine in place. These figures are just guesses. If copper goes up, so does the royalty payment, but at least it is aligned and it is seems to