"If we assume 150MT resource at Kalman with a value of $1251 per tonne that is almost $188 billion value."
Unfortunately, we can't assume 150MT, or $1251 for that tonnage, so our guesstimates are in error.
The quoted $$ value is only on a small intersection which may not be the overall grade - it's likely to be half that IMO, to take a conservative stance, and the tonnage is a broad pluck. I think we should be anticipating 1/3 that, for a start.
So, 50Mt@$600=$36b.
So, more conservatively, by our figures $36b.
You have got to be joking Max!!!
Then, add SdG to this .....!!!!
Max
KMN Price at posting:
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