AAM 5.08% 5.6¢ aumega metals ltd

Ann: Placement raises $8.7 million, page-58

  1. 6,148 Posts.
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    Agree PickEm.

    One thing not mentioned much, is we are on par or even ahead, if you ask MZZ team on permitting than our neighbours, Marathon. Thanks to old vendors having submitted permits prior.
    So any discovery can be fast tracked into production, as we have started permitting/feasibility stage. That is the upside that MZZ offers, not only exploration but development. You get the best of both worlds. I personally would be happy with 10yr LOM 100kpa, that alone should be worth 400-500m MC, but any discovery of large scale and that can be higher. MOZ.tsx has a 400m FD MC and most targets from brokers is 30-50% higher pre construction. Most likely MOZ get takes out. MZZ sits a paltry 60m odd MC atm.




 
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