I have been analysing the shambesai results and i simply cant believe the potential based on my modelling.
this must be the number one drill priority for the company. with the trench results to date, and the length of strike this may turn out to be a tens of million ounce deposit. ie world class company maker.
we have 25m at 26gpt, 6m at ounce and a half per tonne. 60m at 8gpt. all at surface.
if we assume a depth of 200m and a strike of 850m and a width of 200m we have 850*200*200*2.6 = 88mt
from the trench results im guessing drilling will show and overall spectacular high grade of around 8-10gpt over the deposit.
8*88m tonnes = 22 million ounces!!!
oh and the shareprice is still being tinkered with by the brokers. dont play the game and sell.
I have been analysing the shambesai results and i simply cant...
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