NAD
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0.00% 16.5¢ north australian diamonds ltd

ann out...diamonds confirmed..huge news, page-2

  1. ShaunW
    113 Posts.
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    16/07/08
    12:11
    Post #: 3997843
    Can someone confim my numbers here?

    previous drill holes with Jorc to 438m depth, with an average grade of 20cpht. 10Mtonne of ore.
    Now new drill holes to 750m depth - we could increase the ore tonnages by around 70% Say 17M tonne.
    17Mtonne at 20cpht at $215USD for rough diamond
    Is this resource worth around $731M?
    with issued shares around 972M = $.75/share?
    (not taking mining costs into account)
    any corrections to these musings are welcolme.


    NAD Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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