GAU 0.00% 11.0¢ great australian resources limited

jorc platinum within months 20m cap, page-25

  1. 6,511 Posts.
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    This says it all

    "SRK has calculated a global resource of 74,200,000 tonnes of Meresky Reef on the property at an instu grade of 4 grams per tonne PGE"



    This gives us,



    74.2m x 4 = 296,800,000 grams



    Converting grams to oz

    296,800,000 grams equals 10,469,323.2 ounces



    10,469,323 ounces @ US$1,300 oz = US$13.6 Billion



    GAU share at 37% = $US 5.035 Billion and $AUD 6.14 Billion
 
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