RE: Mako mining26 Mar 2024 17:46
Exposure to robust project economics from the January 2024 PEA outlining an after-tax IRR of 57% and an after-tax NPV discounted at 5% of US$292M2
Jurisdiction diversification reducing risk concentration associated with individual projects or regions
Exposure to an expected 15-year mine life, with a phased development plan and resources of 1,183,000 ounces of gold grading 1.18 g/t in indicated mineral resources, and an additional 582,000 ounces of gold grading 0.98 g/t in inferred mineral resources.
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Nicking ddd's post seems that he's in sensible guidance
PoG $2200 at 87% IRR - NPV $769m
So, at a guess, $2100 PoG would yield around $700m NPV.
If we discounted (I'm not talking DCF here) that by 80%, we sit at a possible bid of $140m, or £110m. Over 200m and we are at 55p. Add a handful of exercised options and take a bit off for taxes and transaction costs and it's not hard to come up with 50p.