MTC metalstech limited

Ann: Update to Substantial Shareholder Transaction, page-14

  1. 2,665 Posts.
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    The scoping study used US$1850 gold price for US$506m profit over 9 years, with US$927 per oz costs.
    Profit per oz of gold produced was US$923.

    Will be interesting to see what the PFS profit is estimated to be if using a higher gold price. Currently more than US$1100 per oz more, so around US2000 per oz profit at current prices. That's over $3100 profit in AU$ per oz, which is more than what the gold price was at the time of the SS.

    The PFS should add more ounces to the production profile also with a higher gold price.

    In-ground value of gold currently around $13b. Market cap is $22m.
 
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