hmm this cant be good news, page-2

Hi rahopara,

This Indonesian discovery doesn't sound too hot to me. Sure you haven't got a decimal point wrong somewhere?

For comparison, let's look at Renison.

Renison has a published identified resource of 4.37Mt at 2.01%Sn containg 88,075t of Sn.

To make your comparison, convert the Renison resource to cubic metres i.e. 4.37Mt = approx 1.56M cub.metres which contains 88,075t of Sn or approx 88Mkg of Sn.

So 1 cub metre of Renison ore contains about 56kg Sn. That is 56kg Sn per cubic met compared with the Indonesian find 0.252kg Sn per cubic met.

Note that the Indonesian find sound like it's alluvial and therefore lower processing cost.

But also note that the Renison analysis above doesn't include Mt Bischoff ore or the returns from the Rentails project. And no blue sky for further extensions of the orebody or new finds nearby.

{Better check my figures tho'. I might be wrong!)

Cheers