Marimaca has released the results of its Preliminary Economic Assessment which concludes with a NPV8% of US$524m at a copper price of $3.15/lb. We expect this will be seen as an extremely positive result by both management and the market which is currently valuing the company at US$167.5m or C$3.47/sh vs C$10.93/sh unfunded NPV. We see it as proof of the various advantageous project elements to which the company has been constantly referring in particular location but also strip ratio and imp
04 Aug 2020
Strong PEA result paves way for low cost copper mine with massive potential below
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Strong PEA result paves way for low cost copper mine with massive potential below
Marimaca has released the results of its Preliminary Economic Assessment which concludes with a NPV8% of US$524m at a copper price of $3.15/lb. We expect this will be seen as an extremely positive result by both management and the market which is currently valuing the company at US$167.5m or C$3.47/sh vs C$10.93/sh unfunded NPV. We see it as proof of the various advantageous project elements to which the company has been constantly referring in particular location but also strip ratio and imp