Aris Mining Corp (ARIS)

[NYBob]

Aris Mining Corp. ARMN: Undervalued with big potential

Given recent Gold price surge, I updated Aris' 2 operating mines NPV
(both FS still use 1400-1900/oz gold price). My finding is Marmato NPV
alone is worth Aris' entire market cap today.

With very conservative valuation (acqusition cost for Soto Norte and Toroparu),
Aris trades at ~65c for $1 in my calc.

I also revisit Soto Norte, and shows why it is a promising virgin land that waiting
to be harvested, and have great potential as much as Marmato and Segovia.

Detailed writeup here, let me know what you think.

https://underhood.substack.com/p/a-junior-gold-miner-with-big-potential

Post by siyuli on Oct 09, 2024 5:09pm

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