TSXV:NICU - Post Discussion
Post by
Betteryear2 on Sep 27, 2024 5:31pm
Magna Mining PEA Transaction
261 Views Sep 26, 2024
Magna Mining (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) is making waves in the mining world. We dive into their newly released Preliminary Economic Assessment (PEA) for the Crean Hill project in Sudbury. Learn about the project's potential 13-year mine life, the impressive 129% after-tax IRR, and the $14.1 million NPV. We break down the proposed production rates, metal pricing assumptions, and how current market prices might affect the project's value. Plus, we cover Magna's recent acquisition of a producing mine and other assets in the Sudbury Basin. Is Magna transforming from a junior to a producer? Watch to find out, and don't forget to like, subscribe, and share your thoughts in the comments!
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Magna Mining PEA Transaction (youtube.com)
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