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0.00% 8.0¢ marindi metals limited

Prairie Downs Zinc Deposit: The Prairie Deposit has a total...

  1. taproot
    773 Posts.
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    22/06/18
    17:31
    Post #: 33891729
    Prairie Downs Zinc Deposit:
    The Prairie Deposit has a total resource of 3 million tonnes at 5% zinc, 1.6% lead and 15 g/t silver.

    Prior to Marindi’s ownership, about $16 million was expended on the Newman Base Metal Project in the period 2006 - 2008.

    Marindi paid 1.1 million for this acquisition.
    The Zinc price was 0.70 USD/lb. when they did this deal.
    Now it's a $1.40 USD/lb.
    MZN Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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