Assume an average width of 4.11m, strike length of 700m, depth of 100m (Remember its open at depth, could be more, could be less) rock density of 2.3, copper equivalent of 1.8% (including credits for gold and cobalt) and a price of $US5,713 per tonne.
My calculation of potential resource value is $US68.3M or $US2.25 a share.
There is not enough data for a proper resource calculation. This estimation is for interest and entertainment only. DYOR
Opaline
- Forums
- ASX - By Stock
- more high grade copper at mt lidster
Assume an average width of 4.11m, strike length of 700m, depth...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PNM (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.10M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
PNM (ASX) Chart |
Day chart unavailable