Meridian Mining UK Societas T.MNO

Beacon - Scenario Analysis: Impact of Model Changes to NAV

[BlackAngus1979]

Scenario Analysis: Impact of Model Changes to NAV

2.5MMtpa / PEA – our current NAV for Meridian is C$868 million (C$1.88/sh)

Expansion 2.5-4.5MMtpa – our NAV increases to C$1.1 billion (C$2.37/sh)

4.5MMtpa + Santa Helena – our NAV increases to C$1.4 billion (C$3.15/sh)

[randys1]

What commodities prices used on this valuation's 

[BlackAngus1979]

Valuation Methodology Our favored valuation method for precious metals producers is a price-to-netasset-value (P/NAV) multiple based on a discounted cash flow (DCF) model constructed using our estimates of the parameters of existing or potential mining operations. Our long-term copper and gold price assumptions are $4.00/lb for copper and $1,700/oz for gold starting in 2026.

[randys1]

2,100 gold and 5.00 copper are 25% above prices used and more than likely on the low side in 2025-2026 and the future  using no st Helena which the PFS probably cannot use we get NAV 2.96.   when PFS complete fair valuation should be .5 - .6 of nav. 1.50 -1.80 if the mkt values this fairly by PFS publishing.  that is kind of oxymoron statement isn't it  market valuing