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Hot Maden posts huge IRR

As expected, copper-gold darling's PEA looks the goods

Alex Hamer
Hot Maden has published a strong PEA

Hot Maden has published a strong PEA

The copper and gold project in eastern Turkey has an estimated post-tax internal rate of return of 153%. Mariana said Hot Maden had a post-tax NPV (8% discount) of US$1.37 billion.  The PEA was done...

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