MM8 0.00% 5.5¢ medallion metals limited.

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-59

  1. 517 Posts.
    lightbulb Created with Sketch. 76
    To be fair, it wouldn't matter if 2m oz resource and gold was still flying, so makes sense no point spending $ expanding it. Problem is who is going to fund $163m of preproduction capex on $20m of MC.
    That said, if majors generated a view it could be 2-3 times larger then presented then there might all of a sudden be some interest and run it up as a stand alone project.
    Unless there is a low capex way to get some gold out and monetised, it's going to be tough for the SP to take off ?
    Last edited by OldCar: 12/04/24
 
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