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look closer. fantastic news..., page-5

  1. 149 Posts.
    I wonder if someone could clarify something on page 2 for me.

    When it states that "Nobles Nob was not considered a copper rich deposit. The deposits at Tennant Creek vary widely in metal contents. Examples include."

    At Peko it mentions 128,000 t Copper. (is this ton or tonne)

    Is this what has been mined already, or what is estimated to be in the ground. Because at $8000 per tonne Cu, that would be over a billion dollars.

    Then it goes on to say Juno, another 18,000 tonnes Cu and Warrego 130,000 tonnes Cu.

    If that's all in the ground, disregarding whatever gold and silver they also have, I work it out to be roughly 2.21 billion dollars worth of Copper. Surely that can't be right.

    I have a substantial number of EXMO and I'm happy to wait for this one to go.

    Little Fishy
 
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