7,400tons in how many tons of DIRT ?
Oh! I think I can work that one out myself 7,400,000,000 gms / 25gms/t ~ 300,000,000t
But as we all know that is not Ore and it does not include recovery losses and how long to mine that amount 20-40 years ,
Or think of it another way: 7,400,000,000 x 30% / 5,000,000,000 will give you 0.5grams or ~ 10c per share over the life of the deposit.
I think I suggested a year or so ago, there is more value in selling the sand and gravel for construction, than in the RE's
7,400tons in how many tons of DIRT ?Oh! I think I can work that...
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