i noticed this company today
they sure make it hard work, announcing all kinds of resource tonnage & grades
don't even do a trading halt and make announcements while i was cooking lunch
so what do we think?
1. AUD$27M for 85% to 80% interest, which based on my personal calculation at 4. below has in-situ value of $8B (for an 80% interest of 11Mt @ 35% zinc equivalent)
2. the headline deposit numbers from 1938 of around 52.7% zinc equivalent are obviously irrelevant
3. the open-pit potential of the halo resource is at 11% zinc max or 8.5% zinc min
4. the loads appear (certainly not clear information) to add up to 11Mt @ 35% zinc equivalent, using the following info & picture:
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i noticed this company today they sure make it hard work,...
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LITHIUM UNIVERSE LIMITED
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