The Great Cobar mine, page-19

From 17th July 2018 resource update....Great Cobar has (my approximations for ease of calculations) 2.5 million tonnes of resource @ 2.66% copper. So 1% would be 25,000 tonnes copper at $8000/tonne = $200,000,000. Multiply this by 2.66 and you get about $530,000,000 for the copper.The gold is 1.08g/t so 2.5 million grams or 80,000 troy ounces x say $2000/oz for $160,000,000. Throw in the silver lead and zinc and there's probably in excess of $1 billion at today's prices. The 2.5 million tonnes wouldn't be the whole of the area, just the known resource present. If you can find Anjera, you will find the 43m interval @ 6% copper. Only did 15 mins research to find this cos I'm trusting my memory to retain some of the facts. When I bought at 21c I researched AMI back to 2016, and New Gold (previous Peak owners) on the Toronto exchange back to 2015. That's how I knew Chronos had a gold interval of 343g/t over 7m (or was it 11m). I've done the figures before and although some memories are a little hazy, I'm confident if the company progresses the Peak Mill to commissioning stage by March, with separate Pb and zinc circuits, designed properly to separate the metals, with all circuits giving around 90% recovery, and the mill operating at 800,000t/a, then the company will move into the +$1/share price bracket. I would like to think the dry run set for November has been successfully completed but the lack of news has kept me quiet. The quarterly will be telling. The Peak mill completion, commssioning and ramp up to full production along with the advance to Kairos will shoot the SP upwards. I'm trusting the Board to be getting things right and I read the on-market Board purchases as indications that the company is on track. They have disclosed all this data so are within their rights to purchase without fear of breaching any disclosure issues.