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5.3¢ medallion metals limited.

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-82

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10/05/24

16:48

Post #: 73768550
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Originally posted by binwood: ↑

I hold both but to be honest a lot of your arguments are wrong IMO.

1. AUC had 1Moz in 2019, and AUD gold was $1900. It was trading $10/oz in the ground and margins at the time were maybe $500.

MM8 now trading $10/oz and the margins vs their study AISC is $2k. Hard to argue that that is expensive.

2. MM8 piss poor MC - yeah its trading at $17m vs capex of $163m (so 10% - not ideal)

AUC trading at $60m vs capex of $300m (so 20% - better but not fantastic)

On this point its not hard to see MM8 moving to $30m to level that playing field.

3. NPV7 for MM8 and NPV5 for AUC equalises some of the discrepancy in projections.

Cu price is much higher and reduces AISC for MM8 which also changes figures.

4. MM8 have plenty of targets left to drill same as AUC. False argument to say they have no growth. They just haven't been drilling cos it hasn't paid to do so at current levels. You made this point yourself.

Expand

AAR popping - STN popping

Surprised MM8 has been so piss weak.

12 months range bound - lack of news flows is killing Medallion..

@binwood click your fingers and make it rise

MM8 Price at posting: 5.4¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.3¢		Change 0.000(0.00%)		Mkt cap ! $16.30M

Open	High	Low	Value	Volume
5.5¢	5.5¢	5.3¢	$42.59K	786K

Buyers (Bids)

No.	Vol.	Price($)
2	244000	5.3¢

Sellers (Offers)

Price($)	Vol.	No.
5.7¢	43205	2

View Market Depth

No.	Vol.	Price($)
2	244000	0.053
2	172200	0.051
6	428464	0.050
3	175009	0.049
5	226016	0.048

Price($)	Vol.	No.
0.057	43205	2
0.058	100000	1
0.059	50000	1
0.060	9000	1
0.068	17712	2

Last trade - 11.45am 19/06/2024 (20 minute delay)

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