MEP 0.00% 13.0¢ minotaur exploration ltd

Using the lower end of the (2.4 to 4bn tonne range) and assume...

  1. 559 Posts.
    Using the lower end of the (2.4 to 4bn tonne range) and assume price for ore of $100 per tonne, that gives the value of the contained metal as $240 bn).

    Let's value this at just 0.1% (ie 10c per tonne) of the contained metal = $240m.

    Yet at MEP's current market price, the project is valued at just a few million...

 
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