Has anyone actually tried valuing the resource of 3,424t (7,547M lbs) they have with a cut of 300ppm? (since we've now established that a cut of 300ppm is more appropriate?)
In the updated DJ report in the peer comparison table they give an average MCAP/resource lb as $13.28, with the highest being $28.96.
$13.28 gives a total value for the resource as around $100mil, while $28.96 gives $220mil. Not bad considering this probably only a small portion of the total resource, with more exploration to go.
another paladin, page-50
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