Annanaum. I dont think MET can/will give me price sensitive info.
FYI I left off the tail end of my estimate namely
Using AMX MC/Res Oz =$198 as a guide and MET MC=$57M (SP=$0.35), the market implies MET has 57/198=0.29M oz Au equivalent (Aust and Burkina Faso)
From the Cross Section 78 drill results I got an average grade of 6.4g/t which gave an ore estimate of 12.8Mg or 0.45M oz. This is 50% more than the market estimates for MET overall but it is probably optimistic, once again because of the continuity assumptions.
So MET value gets back to a guess. I wish I were as confident as you. MET is highly prospective but still highly speculative IMO.
MET Price at posting:
35.0¢ Sentiment: Hold Disclosure: Held
