RTM reefton mining nl

If I use the "inferred mineral resource" estimate for Mows Bay...

  1. 182 Posts.
    If I use the "inferred mineral resource" estimate for Mows Bay of 70.1 million tons and the % proportion of the 4 named minerals, this gives 8.3 million tons.

    Let just says the 4 named minerals have the total average market value of $100 per ton (note I don't have a clue what the going rate is but should be a lot higher I hope), Mows Bay would have $803.4 million sitting in the ground.

    Here's the start. Let someone else do the maths.

    Just my thought.
 
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