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

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TSX:MNO - Post Discussion

Meridian Mining UK Societas > 4.5 MTPY OUTPUT

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Post by TradesInc on Jul 16, 2023 11:17am

4.5 MTPY OUTPUT

I just ran some Numbers. If the new Cabasal/St. Helina Mine can achieve 4.5 million Tonnes Per Year at 5 Grams Per Tonne Gold Eq. The mine will profit $800 Million USD Year. What would MNO share price be if this happens? Assuming there are 300 Million Shares Outstanding. I believe we are a lot closer to this than most people realize. GLTA!

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Comment by TFSAfunds on Jul 16, 2023 11:32pm

Trades, with you running numbers, no matter what figures you use, I would bet my bottom dollar that the resulting S/P would end up being 5 bucks! lol

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Comment by TradesInc on Jul 17, 2023 9:17am

HaHa! Alright TFSA $5.00 Share it is. The Ultimate Buyer of MNO will get a 10 Bagger out of this price! I had $50.00 Share....lol. This is getting Big! Anything happening at Espiago?

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Meridian Mining UK Societas