MUN 0.00% 4.8¢ mundo minerals limited

re: Ann: Court approves protection for Brazil... Hard to tell...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,827 Posts.
    lightbulb Created with Sketch. 79
    re: Ann: Court approves protection for Brazil... Hard to tell what Brazil operations might be worth. Zero a worst case and $10s of millions as a best case.

    What's Peru worth? 2k oz per quarter now in trial rising to 6k oz per quarter by Q4 2012. $600/oz costs. Maiden JORC due soon. Not enough info to say what this asset worth - $10-$30m as a guess.

    My guess MUN shares worth 5-10c with upside if Brazil turns out to be worth something and more upside if Peru maiden JORC is good.

    If they could mine and make $2m per month in Peru from Q4 next year would be a happy shareholder.

 
watchlist Created with Sketch. Add MUN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.