CLZ
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0.00% 0.1¢ classic minerals ltd

Ann: Kat Gap extends drilling results at depth, page-38

  1. AzInAsia
    2,365 Posts.
    lightbulb Created with Sketch. 709
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    06/09/19
    14:57
    Post #: 40341067
    Shares on Registry: 4,353,019,906
    Current share price: 0.3c or $0.003
    Wild Prophecy: 60 Bagger or 60x

    4,353,019,906 x 0.003 x 60 = $783,543,583.08

    at NPV10 in ground resource defined to PFS/DFS would need to be north of $7.8bn (AUD) or equivalent to 3.5MOz Gold.

    IMO - there is a lot more drilling with positive results before they get to anywhere near that total.
    GLTAH - BTW drilling to recommence in early October!
    CLZ Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch. 2  Great analysis
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