Meridian Mining UK Societas T.MNO

Comparable Sale

[TradesInc]

Reported Yesterday. Sandfire Resources Purchases Aguas Tenidas (MATSO) in Spain from an Abu Dabi Company for $1.87 Billion. Matso will Produce 71,000 Tonnes of Copper Equivilant in 2021 and 170,000 Tonnes Copper Equivilent in 2022. This seems somewhat similer to Cabasal Would put the Value of MNO Shares at Approx. $10.00 Share. Does anyone know what type of Resource Matso has? I'm also trying to find out if the Sale was in $US. Nice to have Current Comparables. IGWT.

[palfryville]

Three operating mines, Aguas Teidas is an underground deposit of massive sulfides typical of the Iberian Pyrite Belt. Magdalena Mine is a deposit located in the municipality of Almonaster la Real, 7 kilometers from Aguas Teidas. Sotiel Mine is an underground deposit of massive polymetallic sulphides (copper, zinc, lead, silver and gold). The reopening of this historic mine

[TradesInc]

Thanks Palfryville! Looks like the sale may have been in Aussie Dollars. Although not 100% Sure.

[palfryville]

A little more info on the deal MATSA - Click Here

[FreddieSanford]

A fully established complex and operation with exploration upside. Doesn't really compare but does give some idea of potential value if Cabacal et al were developed to a simialr stage. Hard to make a comparison when you see their infrastructure in place.