Ann: Mt Alexander - Drilling Update, page-54

I was also doing the sums on this yesterday. but I can't work out your math here ... what weight are you using for each cubic metre? must be 12

450 * 50 * 5 * 12 * 3% = 40,500 tonnes (40kT) of Ni

old mate google has solid rock weighing 2.5-3 tonne

450 * 50 * 5 * 3 * 3% = 10kT of Ni.

10kT Ni + credits sounds more like it.

For comparison purposes only, MCR have a great Ni resource growing at Cassini. Down plunge and high grade yet is still currently 60kT. If Stricklands were to be anywhere near this then the market cap would be $200m+