MM8
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1.89% 5.2¢ medallion metals limited.

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-70

  1. Corgi
    2,555 Posts.
    lightbulb Created with Sketch. 1825
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    04/05/24
    23:39
    Post #: 73668487
    please don't imply that i'm making things up.

    AUC did trade around the $10mil mark in 2019 and the sentiment for gold small caps was much better then the current sentiment. So beware, things can drop lower, though i don't think it will.

    Had around 1.6moz at a 0.3g/t cut off & it's all open pit whereas MM8's resource isn't & the potential for increase to the open pit scale is limited (scale increase moving forward mostly underground). Whereas AUC today has 3moz + and essentially all open pit.


    https://hotcopper.com.au/data/attachments/6147/6147819-a326c16cacd923a4c26a8701c1af10e3.jpg

    MM8 Price at posting: 5.6¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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5.2¢ 		Change
-0.001(1.89%) 		Mkt cap ! $19.29M
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