Note the Gold price used in the assessment. Gold is about 25% higher than assessment price.
This project (located in USA) is already getting close to being in the money. It's resource is Copper plus Gold and Silver.
With Copper at $6.80 a pound by next year as predicted by Goldman Sachs, even with Gold/Silver at current levels, the NPV is over AUD $70,000,000.
> MQR will be able to sell this shortly for a multiple many times that of it's Market Cap.
Well they better pay it out as a Special Dividend to holders.
COPPER: MQR's Lone Star Copper Project worth 16c a share, page-10
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.547M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300000 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 116721 | 1 |
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| Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
| MQR (ASX) Chart |
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