POD podium minerals limited
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I calculate differently.. Average grade of 1.4g/tStrike 1.3km as...

  1. Antipater_100
    8,630 Posts.
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    03/06/22
    08:02
    Post #: 61793758
    I calculate differently..
    Average grade of 1.4g/t
    Strike 1.3km as assumption not full strike will be minable.
    Depth 600m
    Average Width of 9.5m (this is true width as those drill intercepts don't represent true width). Here I may used too conservative number but I'd rather be safe then sorry..

    And the fact only 3 holes being drilled at depths of 500m it is simply too early to claim all 15km will have consistent grade to be mined at those depths.
    POD Price at posting: 37.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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