something special..., page-43

re: something special t4p... TwinTurboCelica...

Such value aplications are very much arbitrary and impacted by likely economic viability, or the potential thereof, for the given resource...among other things.

Endowment overall and per tonne, specifics of likely recovery, rates, routes and processes, potential cap ex requirements, commoditiy specifics and it's various influences, etc, etc...all come together to add to the value mix.

Some resources will never be mined economically, as such any level of applied value is useless...conversely, there are some at the upper end of the econimic spectrum where values over 30% are fair.

My "potential" value calculation was derived from a best guess for many of these considerations, not all of which mind you are directly related to the actual resource parameters.

Regional influences and corporate specifics have a significant impact here.

Also...often a share will stagnate at a price significantly lower than any inherent or deemed fair value due to the need for raising significant funds near term and the associated dilutionary effects.

Once fully diluted with a significant number of new shares, such stagnation gaons a new perspective as the new fully diluted value begins to approach a more reasonable level.

Anyway...so much to consider, all of which is a bit premature here (in concrete terms), but still worthy of keeping in the back of our minds as things progress...such is the nature of a developing story.

Importantly...do not forget my "value" equation was based on just 100m depth...the nature of such deposition is for continuation at significant depths and often with an associated increase in width.

From Wikipedia...

"Peridotite is a dense, coa.rse-grained rock, consisting mostly of the minerals olivine and pyroxene. Peridotite is ultramafic and ultrabasic, as the rock contains less than 45% silica. It is high in magnesium, reflecting the high proportions of magnesium-rich olivine, with appreciable iron. Peridotite is derived from the Earth's mantle, either as solid blocks and fragments, or as crystals accumulated from magmas that formed in the mantle. The compositions of peridotites from these layered igneous complexes vary widely, reflecting the relative proportions of pyroxenes, chromite, plagioclase, and amphibole.

Peridotite is the dominant rock of the upper part of the Earth's mantle. The compositions of peridotite nodules found in certain basalts and diamond pipes (kimberlites) are of special interest, because they provide samples of the Earth's mantle roots of continents brought up from depths from about 30 km or so to depths at least as great as about 200 km. Some of the nodules preserve isotope ratios of osmium and other elements that record processes over three billion years ago, and so they are of special interest to paleogeologists because they provide clues to the composition of the Earth's early mantle and the complexities of the processess that were involved."

Now...Peridotite is not on it's own the reason for the interest here...rather the combination of assay results from surface material, initial prognosis from drill results and relationship back to the magnetic anomaly on both a regional and localised scale.

Not only the magnetic high the subject of results to date but the intense magnetic low yet to be drilled...at 450m diameter, it is not an insignificant target...one with a whole host of possibilites now.

Wait and see.

Cheers!