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Gold/Mining/Energy : McEwen Mining
MUX 18.59-2.7%3:59 PM EDT
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From: mostlylurking10/8/2025 2:07:40 AM
2 Recommendations

Recommended By
Oldbasalt
syder

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as promised mux has released preliminary information on the FS. In it they estimated los azules's NPV at 2.9 billion. this is an early assessment, and as a long time, long disappointed investor I'm not taking the cheese just yet. BUT.......

based on this speculative number here are some others:

-- mux copper shares are valued at around $90.
-- McEwen the parent company's 46% share is worth in the neighborhood of 1.3 billion or in the vicinity of $25 per mux share.
-- perhaps most interesting, mux copper could raise the 600 million need next year with an offering of about 20% of the company (which dilute mcewen's share from 46 to about 36 percent)

i.e. a public offering at this price might make self development feasible, if risky.

all back of the envelope speculation on a preliminary press release, but the stock IS showing an 18.50 quote AH.

hope I don't jinx it, glta longs.
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