Updated EV/AgEq and EV/Ag ounce computations. These numbers are based on 100% resources with no distinction of category and are only a first pass comparison. All features and benefits of each Company and project need to be studied so DYOR.
Based on todays share price and commodity prices, if you invest in
MMA you are paying 36c per Ag ounce (in the ground) and 10c per AgEq ounce in the ground. All numbers are in AUD.
BML you are paying 38c per Ag ounce (in the ground) and 8c AgEq ounce in the ground. BML is the most de-risked and on target to be the first to start mining.
SVL you are paying $1.07 per Ag ounce (in the ground) and 62c Ag Eq. It has a great name and deposit in NSW and is in the GDX index. Expensive entry price relative to BML (SVL and BML are the only two companies that have RESERVES - the highest possible quality of resources).
IVR you are paying 82c per Ag ounce and 71c per Ag Eq ounce.
RDM which owns 52.5% of Maronan MMA also has other projects and includes what seems to be a very significant Australian low cost REE project. The price you pay for RDM includes 52.5% of MMA and access to all projects.
Two international comparatives are shown for interest. All in AUD and based on opening share and commodity prices today.
