Following our note on Marimaca’s publication of its PEA (4 th August 2020) we have had time to look at how the Marimaca Project compares with other greenfield copper projects whilst finessing our model to reflect the findings of the PEA more accurately. These exercises reveal that whilst Marimaca is small it is “well formed”, potentially delivering one of the highest, if not the highest, returning copper projects (IRR of 33.5%) in the world. The ore body is also favourable from a financial aspec ....
03 Sep 2020
Further thoughts on the PEA
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Further thoughts on the PEA
Marimaca Copper Corp. (MARI:TSE) | 0 0 0.0%
- Published:
03 Sep 2020 -
Author:
Tamesis Research Team -
Pages:
6
Following our note on Marimaca’s publication of its PEA (4 th August 2020) we have had time to look at how the Marimaca Project compares with other greenfield copper projects whilst finessing our model to reflect the findings of the PEA more accurately. These exercises reveal that whilst Marimaca is small it is “well formed”, potentially delivering one of the highest, if not the highest, returning copper projects (IRR of 33.5%) in the world. The ore body is also favourable from a financial aspec ....