pgm breakdown for nkp deposits, page-2

All got to do with what they call prill splits Dumbledore.

Here are the splits for NKPs project/s with an associated calc based on the then PGM prices.Once again thanks to ????

the prill split differs for the Merensky Reef and the Upper Group 2 Reef as follows:

Merensky Reef

Pt 56%
Pd 28%
Rh 3%
Au 6%
Other 7%

UG2 Reef

Pt 40%
Pd 38%
Rh 8%
Au 2%
Other 12%

With the reefs split Merensky 60% : UG2 40%

As can be seen above, the overall 3PGM+Au prill split for the reefs is approximately 49.6% Pt, 32% Pd, 5% Rh and 4.4% Au.

I take it that the 9.0% "Other" would refer to base metal by-products such as nickel and copper (Merensky) and chromitite (UG2) that are usually associated with platinum mining and which would add significant value to the ore.

The current 3PGM+Au basket price at price levels of Pt $US1460/oz; Pd $US384/oz; Rh $US2340/oz and Au $US1105/oz would be;

1460 x 0.496 = 724.16 +
384 x 0.320 = 122.88 +
2340 x 0.050 = 117.00 +
1105 x 0.044 = 48.62

CURRENT BASKET PRICE = $US1012.66

If Pt was as high as $US2300/oz, Pd $US600/oz, Rh $US10000/oz and Au $US1200/oz then the 3PGM+Au basket price would move to $US1885.60.

d.