Actually good pick-up... when I went to look up density for dolomite again I realised I picked up the wrong number... my mistake... just to clarify I'm not a geo... resource estimation is a lot more complicated than what I've done in this table... but effectively it's about working out the volume initially and multiplying the volume and the specific gravity OR density. This then gives you the volume of resource in tonnes:
Here's the updated table, I've increased the density or specific gravity to 2.87gm/cc and the link below explains it.
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 Column 9 Column 10 0 Scenario Length (m) Average Width (m) - Lower End Average Width (m) - Upper End Average Depth (m) Volume (m3) - Lower End Volume (m3) - Upper End Density Resource Estimate (t) - Lower End Resource Estimate (t) - Upper End 1 Single DOF depth to 150m 11000 4 5.5 150 6,600,000 9,075,000 2.87 18,942,000 26,045,250 2 Single DOF depth to 200m 11000 4 5.5 200 8,800,000 12,100,000 2.87 25,256,000 34,727,000 3 Single DOF depth to 250m 11000 4 5.5 250 11,000,000 15,125,000 2.87 31,570,000 43,408,750 4 Single DOF depth to 300m 11000 4 5.5 300 13,200,000 18,150,000 2.87 37,884,000 52,090,500 5 Single DOF depth to 350m 11000 4 5.5 350 15,400,000 21,175,000 2.87 44,198,000 60,772,250
https://geology.com/minerals/dolomite.shtml
http://www.kgs.ku.edu/PRS/Info/pdf/doveton2.PDF
Hope this makes sense.
And @bratty, whilst CLA will have a lot of contained cobalt in the ground which will indeed be valued over $3-$4B, the company only gets valued at a fraction of this due to the cost involved with getting this out and making it into a marketable product.
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