Bullboard - Stock Discussion Forum Morien Resources Corp V.MOX

Alternate Symbol(s): APMCF

Steel Steel

Morien Resources Corp. is a Canada-based mining development company. The Company’s principal business is the identification and purchase of mineral interests and projects. The Corporation holds two royalty interests on the sale of coal from the Donkin Mine in Cape Breton, Nova Scotia, and a royalty on the sale of crushed stone from the permitted Black Point Quarry Project, in Guysborough County... see more

Add To Watchlist

TSXV:MOX - Post Discussion

Morien Resources Corp > Still not much liquidity

View:

Post by cupricity on Sep 14, 2022 3:46pm

Still not much liquidity

Coal price is 600 canadian.

https://tradingeconomics.com/commodity/coal

If we did 3 million tonnes in the next 12 months we would get about 50 to 60 million in royalties. Over a dollar a share.

352

Comment

Comment by Mackthenife on Sep 14, 2022 6:31pm

So you are saying this has potential to go much higher

193

Comment

Comment by cupricity on Sep 15, 2022 3:32pm

If you go to the Morien web page and click on Dividend. https://morienres.com/dividend-policy/ And you put in todays coal price https://tradingeconomics.com/commodity/coal And todays exchange rate. And put in 3 million tonnes which is less than we are permitted for. And 80% of FCF is dividended. The dividend per share per year would be about 1 ...more

305

Comment

Morien Resources Corp