1st time ive actually looked at the detail of the merger today. Started with this preso. Interesting they are valuing MKO @ 7c. which would put MKO MC @ around 30mil
EAR evaluation of Julius (current POG isnt helping):
and the comparison...
EAR - EV 35.5mil with a 326koz est resource
MKO - EV 35mil with a 522koz est resource... and a 80mil production plant
MKO management seems lazy and cant be arsed getting BZW into production, but those numbers above dont add up for me. Id take an offer if they valued MKO @ 50mil MC
MKO Price at posting:
8.0¢ Sentiment: Hold Disclosure: Held