for those without a calculator
and are worried about Speewah lease
the TiO2
there is calculated to be 3.3% of TiO2 contained in the 4.7 million deposit
the value of 97% TiO2 as at last year was us$10.4 / kg
so we have
tell me I am wrong....... ?
4.7 million T deposit x 3.3%
='s 155,000 T
there is 907kg to a us ton
which is 140,585,000 Kgs
@ us$ 10.40 / kg
='s
us$ 1,462,084,000
in Au$ .......... just smile
ps why wouldn't anybody be happy with this
more so when coupled to the other minerals in the deposit
Ti Dioxide, page-13
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