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5.5¢ emmerson resources limited

"Be nice for someone to walk some of us through it??"The...

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stelios

922 Posts.

151

27/05/21

17:11

Post #: 53466080
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Originally posted by stelios: ↑

"Be nice for someone to walk some of us through it??"
The value of the ore in the ground per square meter of depth =
true interval depth * metal grade (gram per tonne )* US$ value (per gram) * ore density (tonne per cubic meter)

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"Be nice for someone to walk some of us through it??"
The interval depth has to be adjusted for true depth.
If it was perpendicular to the ore body the 15 meters would be worth
US$ 6,234 per square meter (in the ground).

Last edited by stelios: 27/05/21

ERM Price at posting: 8.0¢ Sentiment: Hold Disclosure: Held
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