MTC metalstech limited

Just to provide some context with the recent higher move in...

  1. 172 Posts.
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    Just to provide some context with the recent higher move in POG:

    The Scoping Study was undertaken at US$1,850/oz gold.

    As I type, the current POG is US$2,155/oz which equates to a 16.5% increase on the scoping study base case.

    According to the Scoping Study sensitivity, a 15% increase in commodity prices (see below) leads to an increase in the Post Tax NPV from US$394.6m (A$598.72) to US$547.9m (A$831.32m).

    Nevermind that the scoping study is only based on 1.134Moz AuEq of the total current Sturec resource of 2.868Moz AuEq.

    ...And yet our MC is A$32.12m...

    Crazy.

    https://hotcopper.com.au/data/attachments/6017/6017805-7452acb0346707a0649bdbecdf9e548a.jpg

    The Gold Gods are delivering Gino quite the negotiating position.

 
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