MM8
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1.89% 5.4¢ medallion metals limited.

MM8 Discussion, page-65

  1. CapitalGains123
    163 Posts.
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    15/09/23
    14:07
    Post #: 69874541
    PB has been saying the cost to value in finding additional ounces is not there, it costs 15$ to find an additional ounce which would be great but we’re one of only 2 companies with a JORC resource valued at 12$ per ounce (I think we might be lower now with the recent drop). 60% of the resource is in M&I so not sure what you mean by legit ounces. I think the PFS should show an NPV of 300MM USD if they target the 100koz per year for 8 years and a 120MM OP operation at Kundip.
    MM8 Price at posting: 6.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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