MM8 0.00% 5.6¢ medallion metals limited.

Debt and Equity. The same as it has always been. The challenge...

  1. 9,010 Posts.
    lightbulb Created with Sketch. 3844
    Debt and Equity. The same as it has always been. The challenge is getting MC up so the equity part doesn't hurt too much. Need to get this to $50m+ and even then they probably raise $30-40m as equity.

    The wild card on this is that if they go the sulphide route they might be able to stream the 4kt pa of Cu for a decent sum and not have to raise equity via share issuance.

    It means the AISC would be higher but given the grade of 4g/t that would still work in a gold environment above A$2,500 IMO
 
watchlist Created with Sketch. Add MM8 (ASX) to my watchlist
(20min delay)
Last
5.6¢
Change
0.000(0.00%)
Mkt cap ! $17.23M
Open High Low Value Volume
5.6¢ 5.6¢ 5.6¢ $0 2

Buyers (Bids)

No. Vol. Price($)
2 30000 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 265307 1
View Market Depth
Last trade - 12.50pm 24/06/2024 (20 minute delay) ?
MM8 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.