Just to add a little more fuel to the fire..
Resource/reserves=1,242,000,000 tonnes.
Shares on issue==== 895,000,000
So..1,242,000,000 tonnes x $4 tonne=$4,968,000,000.
.......1,242,000,000 tonnes x $5 tonne=$6,110,000,000.
Thus,considering shares on issue ======895,000,000.
we have @ $4tonne,=$5.55 per share,mkt.value..???
we have @ $5tonne,=$6.83 per share,mkt.value..???
The figures for resource/reserves are from memory as are the number of shares on issue...QED...
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