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0.00% 5.0¢ synergy metals ltd

the golden three miles, page-2

  1. gtsman_05
    3,311 Posts.
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    26/08/09
    22:46
    Post #: 5560392
    Lets do some broad calculations

    5,000m L x 750m W x 200m D x density of 4T/m3 = 3BT of ORE

    recovery rate of 85%

    now assume a grade

    Grade @ 10g/T = 25,500kg or 900,000oz of recoverable gold
    Grade @ 20g/T = 51,000kg or 1,800,000oz
    Grade @ 30g/T = 76,500kg or 2,700,000oz

    Recovery rate assumption was taken from previous studies.
    http://www.daff.gov.au/__data/assets/pdf_file/0004/50584/neminrls.pdf
    SML Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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