general discussion / banter, page-1357

  1. 189 Posts.
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    Liverpool, the grades without molly is actually about 0.5-1%, with molly it is much higher.

    but yes even assuming we use zero gravity it is still quite good, lets assume 0.5% - 600x200x90= 10,800,000 tonnes @ 0.5% Cu = 54,000 tonne copper.
    54,000 @ $9,000/tonne = US$486 million or A$725 million.

    But looking at my previous example, we should be trading at least at about 5% of the in-situ value as an exploration company, or on the worse case, lets say 1%, that would mean over $70 million market cap or in A$104 million about 8x higher.

    We shall see once the results start coming out.
 
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