how big is rossing south project?, page-9

Hi BeerBaron...

I certainly don't disagree with you. I have no clue as to how large zones 1 & 2 will eventually be.
I certainly enjoy your detailed research!


Ambrian have a possible target of 400mlb.....(and also holdings in the co,so not likely to hear anything negative from them!)


....."Thus, the results continue to validate our view that Zone 1 will reach at least 130Mlbs this year (currently 108Mlbs) and Zone 2 should reach 120Mlbs (management guidance 69-106Mlbs). Our view is well ahead of company guidance, so we expect the price to jump if and when such a resource is achieved. Again, for perspective, 250Mlbs equates to 16.7Moz gold equivalent from only 18 months of drilling.


Beyond this we reiterate our confidence that Zone 1 and Zone 2 should reach 300Mlbs next year (20Moz gold equivalent), and could eventually reach 400Mlbs (27Moz gold equivalent)"....



http://www.kalahari-minerals.com/News/Analyst_Research/More_Good_Drilling_-_New_discovery_south_of_Rossin/News.aspx?id=89

Nothing would surprise me

Cheers!