Here you go now in handy excel form.
So if you find a zone averaging 1% with 150mx150mx5m in less than 300m of depth so it can be open cut it's not too shabby a return. This of course doesn't factor in cost of development etc which is going to be high, but in the scheme of things so is the return.
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 Column 9 1 Width m Length m Depth m Spec Grav Tonnes CO% $CO Tonne CO Tonnes Value in CO Raw 2 150 150 50 2 2250000 1.00% $71,000 22500 $1,597,500,000
Even at half a percent it's pretty good
Anyone let me know if I've missed something there.
Ann: Investor Update Video, page-29
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