TX3 20.0% 0.2¢ trinex minerals limited

Ann: Maiden Mineral Resource Estimate at Mt Hardy, page-4

  1. 337 Posts.
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    Well, I don't know anything about these things but here is my take on where we are right now.

    175,000 tonne of zinc in the ground x $2,425 per tonne (LME) = $424 million

    22,500 tonne of copper in the ground x $5,950 per tonne (LME) = $134 million

    40,000 tonne of lead in the ground x $1975 per tonne (LME) = $79 million

    That's a total of $637 million in the ground and contained in 2.6 million tonnes of ore. .

    Surely we can dig 2.6 million tonnes out of the ground, concentrate it, send it away somewhere and refine it and still make a profit.

    This could grow into something very big and significant. We have a lot of prospective drilling to go.

    cheers

 
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