29Metals Limited IPO Prospectus is now available - via 29Metals.com website.
https://www.29metals.com
follow the prompts to the 'Offer Website' to download the Prospectus (it is a large file at 18.8 Mb).
The above 901,000 CuEq tonnes (across its 2 assets) from page 51 of the 29Metals IPO Prospectus compares favourably to Havilah Resources Limited's flagship Kalkaroo copper-gold project of 890,890 CuEq tonnes.
*CuEq calculation is based on the following formula: CuEq = Cu ore reserve grade + (value 1g/t Au /value of 1% Cu x Au ore reserve grade). Assumptions: gold price USD1,900 /oz, copper price USD6,500/tonne, overall metallurgical recoveries for gold and copper are the same based on Kalkaroo PFS, ore metal grades are from published Kalkaroo JORC Ore Reserve table (a JORC Ore Reserve of 100.1 million tonnes at a copper equivalent ('CuEq') grade* of 0.89%). It is considered that both copper and gold are saleable.
Cheers
These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or invest
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