MMA Comparison Against its Peers

Just finished updating my spreadsheet to the finished product. The only changes I will make in the future is to change the metals pricing from spot to the prices that MMA use in the soon to be released (late May) 2024 scoping study.

I have made a few changes.

1. Replaced all silver equivalent resources with the actual metal resource for non silver metals. For example, gold now displays gold oz's.
2. Changed the metal value per MRE ton from A$ values to silver equivalent oz values to make comparison easier. So, for example, a 50t underground dump truck will carry 540 silver equivalent oz per load in the MMA starter zone (50 x 10.8oz) valued at Friday's close (540 x US$27.60) at US$14,904 per load or A$22,654. This means that a 1.2mt plant will have ore trucked to the ROM valued at US$920K (A$1.4M) per day at the silver spot price of $27.60. This is in a perfect world, assuming grades stay constant, which they never do. G1a is a bad example.
3. Changed the value of silver equivalent base metals resources from US$1 to US0.75c. I think that valuing the base metals silver equivalent ounces at half the precious metals silver equivalent ounces is a more realistic valuation. This effects companies with higher base metal resources like MMA the most. This changes the valuation and upside in the bottom 3 rows.

I have also emailed MMA today about drilling schedule and funding requirements and their response was that they will update all shareholders via ASX release as soon as possible.