Are those numbers right or my calculations wrong?
23 000 000 tonnes @2.9 grams per tonne
=66 700 000 grams
66 700 000 ÷ 28.35 (number of grams in ounce) = circa 2 352 000 ounces
2 352 000 x $2 500 = circa $5 881 000 000
Thats seems a lot. If someone has time to have a look at please. If that is the case, debt free, plenty of cash, will have its own plant..... seems like a steal.
Dont want to get to ahead of ourselves, but hopefully we have found the next RMS (which i sold out of too early ) if this is correct.
Ann: Riverina Underground Resource Increases by 46% to 139,000 oz, page-45
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