Currently viewing Global edition

Flawed valuations send wrong signals

Gold mine valuations can vary greatly depending on the chosen method.

Flawed valuations send wrong signals Flawed valuations send wrong signals Flawed valuations send wrong signals Flawed valuations send wrong signals Flawed valuations send wrong signals

Matador Mining has a gold project in Newfoundland which directors valued at A$194 million in a scoping study completed in May. A gold price of US$1,550/oz underpinned the study valuation.