Panoro Minerals Ltd. (TSXV: PML / OTC: POROF / BVL: PML) Getting No Value for Its Advanced Stage Flagship Asset
Highlights Last week, PML announced the sale of its Antilla copper project (Peru) to Heeney...
Read MoreHighlights Last week, PML announced the sale of its Antilla copper project (Peru) to Heeney...
Read MorePanoro Minerals Ltd. (“company”, “PML”) is a copper focused junior with nine projects in Southern Peru. Hudbay Minerals (TSX: HBM) owns 12% and is the largest shareholder. PML’s portfolio includes two advanced stage assets – Cotabambas (copper-gold) and Antilla (copper) – with a combined After-Tax Net Present Value (“AT-NPV”) at 7.5% of US$989M, per Preliminary Economic Assessments (“PEA”) completed on the projects. Panoro’s Enterprise Value (“EV”) of $28M is just 2% of the combined AT-NPV.
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