Using the lower limits of price and resource aspiration, I get a gross value of USD $25mm for the Feldspar alone. Speculating that it costs half that to dig it up and sort it, a net figure of USD 12.5mm or AUD 16.9mm.
That is more than half of our market cap.
Just to be clear, we should make ++$12mm from digging down to the Cs. Then whatever we make from that.
Ya gotta love Daves timing.
GLTAH and all IMHO
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- Ann: Drilling Confirms A Grade K Feldspar at Sinclair
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