now thats an elephant - 886m gold intercept , page-49

nicto

My mate said we need more info, if there is more then 2-3m oz in 1 pipe its worth mining. I would assume SOC will actually never mine it. The value now is the on sell, 2-3m oz still makes the SP worth more then it currently is selling to say RIO/BHP.

If all other pipes have gold and the deposit from the diagrams exists under neath and say this blows out to 10m oz all round, then RIO/BHP will still look at buying it but at a much higher price.....

We'll know soon enough, 20-25c is good, if its a sole pipe it may still get bought and have a SP of say 30-35c. Take a murphy's law approach and assume they hit ever nugget in ever drill to made the result above avg, even if the grades are 1.1g/t if the gold extends to 1000m or more technically the SP should be higher....

Also this is not accounting for any of the other projects they have running, so im holding/buying atm.