Post by
nozzpack on Oct 04, 2024 12:54pm
PPE of JAG Valued at $305 million at cost
A very good valuation proxy for MAE as previously reported.
PPE = Property, Plant and Equipment ...depreciated
MII resources somewhat higher at 1.35 million ounces versus about 1 million ounces for MAE.
However, those are higher cost to produce underground Resources.
So, a decent Early asset valuation model for Maritine at cost.