Ann: Assays Confirm Thick Intervals of Copper at Storm, page-20

Morning punters, I did a small analysis on the current drill hole to provide a very rough estimate of value in the ground. Despite the lack of interest in the results re the sp, am not sure whether everyone realises the value here. First, we are only talking about the 4100N zone, a small area compared to the all the other zones and prospects. Secondly, I have used a percentage of only 1.5% overall even though other holes have significantly higher percentages closer to 2.15% as an average.
Here is my calc and happy to be adjusted by those with more knowledge than me ( not difficult! ).


So this gives 4100N a value of about 1 Billion US$ - for a market cap of around 18m - SHOCKING.
And this is just 4100N, there is 3 more zones (2750N, 2200N and 3750N) plus Typhoon, Tempest with surface copper at 32% and Seal for the Zinc. And don't forget West Desert for the Indium to come and Copper Warrior. to explore

And expect low capex, just shovel it onto a truck, feed into the DSO hopper, no water involved, and truck it to the boat. Money in the bank!!!

Of course there are permits and engineering to plan, transport corridor to prepare etc etc but this is a huge company maker - all IMHO. GLTH