The market is asleep at the wheel on MEK. Re-factor in the current gold price $3285 into those numbers current gold price would drop payback to 10 months. The increase in NPV is around $130M (3-4 times our current market cap). Current gold prices that NPV value must be around $500M.
Undiscounted free cash flow (after capital and pre-tax): $363M (at $2,750/oz) and $521M (at
$3,000/oz);
▪ Pre-tax Net Present Value (NPV5%) of $249 million ($2,750/oz) and $371 million ($3,000/oz); and a
pre-tax Internal Rate of Return (IRR) of 40% ($2,750/oz) and 56% ($3,000/oz);
▪ Payback following process plant commissioning of 22 months ($2,750/oz) and 16 months
($3,000/oz);
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The market is asleep at the wheel on MEK. Re-factor in the...
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Last
3.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.51M |
Open | High | Low | Value | Volume |
3.2¢ | 3.2¢ | 3.2¢ | $711 | 22.22K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 300418 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 590513 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 300418 | 0.032 |
1 | 18500 | 0.031 |
3 | 163333 | 0.030 |
2 | 75375 | 0.029 |
2 | 1290000 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 590513 | 2 |
0.035 | 150000 | 1 |
0.036 | 558204 | 2 |
0.037 | 29000 | 1 |
0.038 | 950000 | 4 |
Last trade - 10.04am 02/05/2024 (20 minute delay) ? |
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