yams
Thanks for the clarification
I also believe that the recovery would be somewhere in the vicintity of 46% or is the $5 a tonne the realisable for the full ore
So consevative ($5 x 5 Billion) / 46% = In ground ore value
12 Billion Dollars....
Divided by 1.3 billion shares = $10 a share of inground value..
or
($5 x 5 Billion) = Inground value
divided by 1.3 billion shares = $20 a share in ground value
Erewhon are we getting closer?????
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