I have made a rough work about the possible size of the prospect in Sintoukola. Here it is.
It shows that ELM may prove up to 2 Billion Tonne HIGH GRADE SYLVINITE RESOURCES in next 12 months if they make a 2 x 16 hole drilling program and a seismic survey towards west (Dougou) at the norht and south sides of the prospects.
That cover 10 km (east-west) x 25 km (south-nourth)area. 10.000 m x 25.000m x 6m (Thickness) = 1.5bt volume 1.5bt volume x 2 (gravity of KCl) = 3bt KCL gross deposit
33% (1bt) deducted for anamolies and the small fault line goes through (EK-03) to to south.
And the rest is 2bt gross KCl resource. Also, there is more extension to both west and south.
This is only for the very high grade 6mt average 2 layers of sylvinite horizons. (thickness is close to 8m atm for those two layers, but I am making it ave. 6mt)
This could make ELM the biggest high grade potash reserve owner of the world.
I belive in ELM.
So,... go luck to sellers.
K2P Price at posting:
$1.75 Sentiment: Buy Disclosure: Held