Here's some sums on the High Grade PGM zones totalling 15.7 million tonnes.
Looks to me like you can say it is $4bn in-ground value grading at 4.78g/t gold equivalent grades.
EV at about $18 per ounce gold equivalent.
I'm not very good at maths though so no guarantees it is correct!
I will make another sheet for the whole inferred resource but it gets pretty pie-in-the-sky.
Would prefer to focus my thinking on the good, high grade zones are are likely to be mined.
Good to know a lot of these metals are on global strategic metals lists of governments around the world!
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- Ann: Parks Reef Resource Doubles to 6Moz 5E PGM
Ann: Parks Reef Resource Doubles to 6Moz 5E PGM, page-4
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