FAS fairstar resources limited

fairstar bonanza, page-5

  1. 3,311 Posts.
    CIB based on the strike length 200MT is impossible.

    7000m L x 800m W x 2.8m D x density of 3.5t/m3 = 54.8 million tonnes

    of course the announcement uses the words for the lengths "up to" i.e using these numbers to calculate tonnage would be way too generous.

    So if we divide all the assumptions by 2 for a more conservative estimate.

    3500m x 400m x 1.4m x 3.5Density = 6.86 million tonnes


    The estimate of 10MT sounds plausible.
 
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