CTM 3.30% 44.0¢ centaurus metals limited

Ann: Discovery of Broad Scandium Zones at Itapitanga, page-20

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  1. 9,079 Posts.
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    Think you are a bit off there.

    25g/t is 0.000025% of total resource.

    So 40Mt x 0.000025% = 1,000kg which I think someone posted above.

    As for the cautionary statement the ASX has gone anal lately. You can't just post exploration targets without disclosing it's conceptual and they aren't allowed to disclose IGV at all. Doesn't mean that CTM management don't believe it's possible. It's all arse covering for the case where someone buys based on management saying 40Mt and then it comes in at 25Mt and complain that they were misled.
 
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