prospecting licence granted, page-18

penthouse,

I've tried a couple of times to calculate it late at night, but it doesn't look right, and I'm an absolute beginner, so everyone feel free to correct me, but here's my latest attempt:

159MT x
1,000,000 tonnes per MT x
1,000 kg per tonne x
0.8 (80% ownership) x
1% Ni grade x
$35 per kg ($12.50 per lb x 2.2 for kg conversion) =
$44.52B resource!!!

Conservative profit must be over $5B for the life of the project. And that doesn't even include the Cobalt and Iron.

I'm not certain what a MT is or if my lb to kg conversions are right, etc., but that's my best guess so far.

But surely it can't be right! I must be off by a decimal point or two. But if I am right, you should all complain to the mods and get this comment deleted so no one else sees it and you can buy more shares at a low price (if you are very lucky) on Wednesday.