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.