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0.00% 5.4¢ aumega metals ltd

Ann: Matador Mining Corporate Presentation, page-29

  1. binwood
    9,029 Posts.
    lightbulb Created with Sketch. 3879
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    12/07/19
    11:13
    Post #: 39491416
    Full month since they started drilling. First batch of assays can't be far off. If they punch some good holes in those gaps in central that's easy ounces straight to the bottom line with blue sky targets later in the campaign. Still incredibly cheap IMO.

    A$30/oz for 1.5Moz (assuming they can add 500koz) is $45m (45c/share).
    MZZ Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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