MZN
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0.00% 8.0¢ marindi metals limited

Valuation

  1. ghosta
    2,070 Posts.
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    22/06/18
    13:55
    Post #: 33885123
    Market cap $21.3m

    Cash held (Est) 3.3m + cash sale Bellary $2m +value of share in Pacton $7m +$1m +1m =$14.3 m

    Deduct $14.3 from $21.3 =7m

    Current market valuation of MZNs exploration tenements =$7m!!!!!!! (Assuming Bellary deal goes ahead)

    Am I missing something here?
    MZN Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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