Sorry about the 19 million, I didn’t realise the site I was using updated overnight, so the 19 million was the previous close. I deleted the post. Still at 33 million the market values the gold, the tungsten and the 500 million tonnes of iron ore (150 million high grade) at 21.5 million. If we give a low valuation of 1.5 to the gold and tungsten that rates 500 million tonnes of iron ore at 20 million in the ground. Which is 4 cents a tonne? If I got the maths wrong again I will send myself to the sin bin for a month.
Opening bell Monday 12 cents? 15 cents?
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