RE: Historic Use of the Mining Names Bonanza and Morocota29 Oct 2025 19:34
Based on AIM’s own unqualified figures… 28tpd at 8g/t = around 7.8oz a day, so roughly 2.8k oz a year. At $4k/oz, 90% recovery and 30% discount that’s about $7m rev tops. Even on a 25% margin you’re talking $1.8m profit. Value that at 5–10x and you’re around £8–12m mcap, or 1.8–2.8p/share on 450m shares. Massive potential here, even in a very conservative basis, as AIM has proved