SORRY I have to amend the estimated JORC.
In my previous post, I wrote:
"The new TNG JORC could be upgraded to 200mt at 0.34 V2O5 7% TiO2"
AS the lowest in hole 3 is o.35% V2O5,
hole 5 return 145.5m at 0.39% V2O5,
hole 8 42m at 0.43%, V2O5
hole 9 91m at 0.47% V2O5
I rekcon the JORC should be 200mt+ at 0.37-0.39% V205, 7.5% TiO2, 27%-29% Fe.
$6.85 valuation per share becomes serious now , page-21
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