The market is asleep at the wheel on MEK. Re-factor in the current gold price $3285 into those numberscurrent 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);
- Forums
- ASX - By Stock
- MEK
- Ann: 31 December 2023 Interim Financial Report
Ann: 31 December 2023 Interim Financial Report, page-2
-
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MEK (ASX) to my watchlist
|
|||||
Last
3.1¢ |
Change
-0.002(6.06%) |
Mkt cap ! $38.27M |
Open | High | Low | Value | Volume |
3.3¢ | 3.4¢ | 3.1¢ | $68.86K | 2.149M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 131793 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 906683 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 131793 | 0.031 |
2 | 1261450 | 0.030 |
1 | 251000 | 0.029 |
1 | 500000 | 0.028 |
1 | 100000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 906683 | 2 |
0.034 | 800000 | 1 |
0.035 | 437757 | 3 |
0.036 | 645000 | 2 |
0.038 | 633510 | 4 |
Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
Featured News
MEK (ASX) Chart |
The Watchlist
P.HOTC
HotCopper
Don Currie, CEO
Don Currie
CEO
Previous Video
Next Video
SPONSORED BY The Market Online