A metric ton unit (MTU) can mean 10 kilograms (22 lb) within metal (e.g. tungsten, manganese) trading, particularly within the USA. It traditionally referred to a metric ton of ore containing 1% (i.e. 10 kg) of metal
==> +/- 350 / 10kg ------------------------------------------------------ JORC :113 600 000 ton @ 0.06%==> 68.800.000 kg WO?
cut off 39 800 000 ton @ 0.14%==> 57.500.000 KG WO?
good for 115.000.000 kg x 350$/(10KG)
= 4 025 million
III Price at posting:
14.0¢ Sentiment: None Disclosure: Held
