Pangea:
Wow, It seems that you have some screwed up numbers in your analysis. Where did you get the 2.5%Pd in the orebody?
The MacQ Bank numbers from their previous and today's valuation appear below:-Mining Inventory Ore (mt) Pd (g/t) Pt (g/t) Au (g/t) Ni (%) Cu(%) Co (%)
Old 90.0 1.8 0.5 0.1 0.24% 0.28% 0.02%
New 88.0 1.8 0.4 0.1 0.24% 0.28% 0.02%
Change (2%) 1% (2%) 1% 2% (6%)
Pd (koz) Pt (koz) Au (koz) Ni (kt) Cu (kt) Co (kt)
Contained metal - old 5,064 1,302 347 216 252 18.0
Contained metal - new 4,980 1,245 340 214 250 16.6
Change (2%) (4%) (2%) (1%) (1%) (8%)
Five million ozs of Pd, give or take 84Koz looks pretty good to me.
Many more estimates of the value of this discovery will be made before a JORC measurement is provided....and don't expect many downgrades as we head North.
Pangea: Wow, It seems that you have some screwed up numbers in...
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