While we're waiting for the MRE update to drop, thought I'd do...

While we're waiting for the MRE update to drop, thought I'd do some quick calcs on in-ground value assumptions. (assumption based on MRE coming in with 1Moz Gold, 100koz Silver, 25kt Copper)



$2.75B in-ground recoverable value - of course the company can't be valued on this alone but interesting nonetheless.

On another note, @seaman91 mentioned Euroz Hartleys have recently commenced coverage of MM8. Their report can be found on Medallion Metals Linkedin page:

https://www.linkedin.com/company/medallion-metals-limited/

Worth a look as it contains some interesting tidbits as well as the T20.