Meridian Mining UK Societas T.MNO

Post-tax NPV (7%) of $709 mln

[FreddieSanford]

"Pre-production capex of $300 mln."

So they use a low discount rate and Capex is almost half of NPV as stated.

Tommy loves Raymond James ... yeah ... looks wonderul ... lol.

I love the shift from copper equivalent to gold equivalent ... nice switch and bait to create a false Rosie ... yikes !!!

 

[randys1]

who what have thought a negative Freddie.   lol time to move on man.  It must just naw at you day in and day out.  get on with live.

[randys1]

The 2021 real discount rate for public investment and regulatory analyses remains at 7%. However, in Circular A- 4, released September 2003, OMB recommends that two estimates be submitted, one calculated with a real discount rate of 7% and one calculated with a real discount rate of 3%.Apr 1, 2021

[FreddieSanford]

"The 10% discount rate is the appropriate (and stable) rate to discount the expected cash flows from each project being considered."

[FreddieSanford]

Randys1 ... no comment on the numbers Tommy quotes from Raymond James? Just comment on my bias? Brah ... it's not looking great ... that's a fo' sho'. The numbers should shine without the need for the grease ... you don't agree? How did Manganese work out? Not finding it ... we know how that went ... but the numbers on costs and revenues when Mn price were at highs. Have to

[randys1]

I have not even seen the full report to comment.  Just the blurp on CEO.. Lighten up man your going to get your 1.50.   Dont be so negative.

[FreddieSanford]

Randys1 ... it's not being negative. A low discount rate gives a NPV of $700 million and not billions or at least one billion. Quoting in gold equivalent as opposed to copper equivalent is a sneaky switch ... imo. Now if Raymond James provided a sensitivity chart then a higher discount rate would show a lower NPV ... lower than $700 million ... uggghhh !!! Capex is $300 million and not a

[pokinfun]

This post has been removed in accordance with Community Policy

[Grimey2]

What say you Parfryville?, Tradesinc?

[palfryville]

Hey Grimey,  I think that any coverage is good coverage and RJ appears conservative out of the blocks, which is also a good thing.  MNO's chart looks like just about every other chart lately with a 50% haircut in the last couple of months or so.  Maybe Gilbert and Adrian can drum up some interest in TO.  I think that what is happening in the broad market is a rotation into

[Grimey2]

Thanks Parfryville for always having a balanced perspective.. I think we have some awesome discoveries ahead of us that is going to blow our minds. Great job Adrian, Gilbert and team GLTA