MM8 1.85% 5.5¢ medallion metals limited.

MM8 Discussion, page-65

  1. 163 Posts.
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    PB has been saying the cost to value in finding additional ounces is not there, it costs 15$ to find an additional ounce which would be great but we’re one of only 2 companies with a JORC resource valued at 12$ per ounce (I think we might be lower now with the recent drop). 60% of the resource is in M&I so not sure what you mean by legit ounces. I think the PFS should show an NPV of 300MM USD if they target the 100koz per year for 8 years and a 120MM OP operation at Kundip.
 
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