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Bullboard - Stock Discussion Forum Meridian Mining UK Societas T.MNO

Alternate Symbol(s):  MRRDF

Metals & Mining Industrial Metals & Minerals
Meridian Mining UK Societas is focused on development and exploration of the advanced stage Cabacal VMS gold-copper project, regional scale exploration of the Cabacal VMS belt and exploration in the Jauru & Araputanga Greenstone belts (the above all located in the state of Mato Grosso, Brazil). The Cabacal Project has licenses covering approximately 50 kilometers (km) of the 55 km VMS belt. The... see more

TSX:MNO - Post Discussion

Meridian Mining UK Societas > Amazing Numbers!
View:
Post by TradesInc on Mar 06, 2023 7:34am

Amazing Numbers!

NPV $700 Million CDN! Capex $179 Million USD. 11 Month Payback. PEA Uses $1841 Spot Gold Price. Thank-You Management. Hopefully a Fun Day Ahead! IGWT.
Comment by randys1 on Mar 06, 2023 7:36am
1 billion cdn NPV using spot prices trades. Even better 
Comment by EndZonefor7 on Mar 06, 2023 10:15am
Wow, great numbers !  Way to go Meridian management to deliver a month earlier. 
Comment by FreddieSanford on Mar 06, 2023 10:36am
C'mon man ... it's earlier than being a lot later than they had originally touted it to come out. Let's not get carried away with praise here. CAPEX came in reasonable ... that's enough for a chubby because more resources add massive years to mine life and that will bring in a different type of investor but it doesn't provide for a massive pump right now.
Comment by EndZonefor7 on Mar 06, 2023 11:06am
20% pop isn't a bad start Freddie. After the last year of market mayhem I'll take any pump I can get. :) 
Meridian Mining UK Societas