ABX 2.44% 4.2¢ abx group limited

Ann: Maiden REE Resource Estimate, page-8

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  1. 1,238 Posts.
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    was the omission of the total amount of contained metal deliberate?

    so heres my maths;

    3,942,536 (total t) * 0.0655 (res grade) = 258,236t treo
    258,236 (total treo) * 0.71 (recovery) = 183,348t treo

    assuming a basket value of $50 kg thats almost $10b = better than a kick in the pants. if there is an error in my maths please point it out.

    my knowledge of tassie is limited to 'greenie heaven' and mining company nightmare. lets see how this plays out.
 
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