Slovakia is OK as a "safe jurisdiction" being within the EU. However, it is the environmental attitude that is the issue here since open pit mining in particular is involved.
I am surprised that no-one has commented on the metal prices assigned. As the graph on slide 5 shows, it is these that have the most impact on NPV. MTC certainly pushed the boundaries of reasonable estimation by using a gold price of US$2014/oz and a silver price of $US29.5/oz. At least they used a discount rate of 8%.
Given that the major risk with this company and mine is obtaining licences when an open pit is involved in an environmentally aware nation, combined with optimistic valuations, I will continue to pass on the opportunity to own.
Slovakia is OK as a "safe jurisdiction" being within the EU....
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Last
21.5¢ |
Change
0.005(2.38%) |
Mkt cap ! $40.62M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 20.5¢ | $54.85K | 262.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 43369 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 42969 | 3 |
View Market Depth
| Last trade - 15.43pm 31/05/2024 (20 minute delay) ? |
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Last
21.5¢ |
Change
0.005 ( 2.38 %) |
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| Open | High | Low | Volume | ||
| 21.5¢ | 21.5¢ | 20.5¢ | 262873 | ||
| Last updated 14.59pm 31/05/2024 ? | |||||
| MTC (ASX) Chart |