Liontown East JORC report should be out soon and I am expecting a great result. I am putting up a bottle of Giant Squid Ink ($170 at Dan Murphy's) for the person who can tell me the number of Zinc Equivalent tonnes in Liontown East.
The figure is arrived at by multiplying the number of tonnes of ore by the ZnEq percentage.
My calculation is 1,400,000t x 13%Zneq = 182,000 T Zn eq. If my estimate of 182,000 wins then I will present the bottle to Mel at the AGM
Conditions:
1 Estimates must be lodged on this thread by 10am est. Friday 15th June
2 Entrants must either hold RVR shares or have previously posted on RVR.
3 Winning estimate will be on or nearest below the announced figure.
4 I am the judge and the judges decision is final.
Bottle will be delivered within Australia.
Whiskey, have a go, you are a guru with figures and you might win a fine bottle of wine!
I am not a partner or a shareholder in McLaren Vale III associates. Just a happy customer that gets six bottles delivered a month.
Now get the calculators out and have a go.
Cheers
Neptune
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