- Mako Mining is in the final stages of mine completion and first gold pour from its San Albino gold project. Significant cash flow should begin in 2Q 2021.
- Mako's valuation has significant upside potential if it can fully develop its land package in Nicaragua beyond its near-completion San Albino project.
- The company should have great potential to invest significant cash flow from San Albino to increase its total gold resource while returning cash to shareholders via share buybacks and/or dividends.
- Valuation model with a broad range of outcomes is presented.
- I recommend that risk-tolerant investors looking to capitalize on potential tailwinds of strong gold prices, a great resource, and strong management add Mako to their portfolio.
For further details see:
Mako Mining: Betting On The Future