ARV 7.69% 1.4¢ artemis resources limited

Off to Singapore and London for weekend meetings with some of Artemis, page-81

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    I prefer this rough calc from @martin on ceo.ca....extrapolates at 2oz/tn.

    "400m x 200m x 9.5m (average thickness) * 2.5 SG = 1,900,000 tons Half belongs to Novo, half to Artemis = 950,000 Novo tons Using the grade found in the bulk sample trench (2 oz/ton). 950K tons * 2 oz/ton = 1.9M oz gold belongs to Novo Apply assumed profit margin of $700/oz. Novo profit (before taxes) = $1.33B"
 
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