If.... and if... MZM gets that 500,000 ounce of gold. The price of MZM should be around $0.60. I have use this same concept on other mining company..... MZM already has that 200,000 in reserve.... they need to upgrade another 300,000 ounce. If you want to have a good idea, look at a company call GLN. Its went bankrupt but its number of shares issued and the gold it has is very similiar to MZM and its location is also peak hill which is north east of where MZM is. Problem is the grade of gold produce is not the same as the grade they got for sample. I dont think MZM will have that problem given a prevous company has already produce there before.
valuation if mzm gets resource of 500000oz, page-2
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add E25 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
23.0¢ |
Change
0.020(9.52%) |
Mkt cap ! $50.57M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 24.0¢ | 21.5¢ | $30.40K | 137.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 134017 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 195 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| E25 (ASX) Chart |