Looking at the Opuwo Project the resource only it has 225 mt of resource that contains 1.2 kg of cobalt per tonne of ore + 4.3 kg of copper per tonne of ore + 5.3 kg of zinc per tonne of ore at todays prices Cobalt $70.50 per kg, Copper $9.73 per kg,Zinc $3.55 kg the ore has an inground value of $145 per tonne these are USD so thats about 2.47 g/t Gold equivalent at $58.57 per g/ gold.
So 225,000,000 tonne of resource x 2.47 g/t is equal to 17.87 m/ozs of gold.
Then what we need to know is if this can be mined and make a profit ?
The tonnage and grade figures have been released some many months ago lets hope the new MD can do something with this project must be buyers out there,many companys have nothing other than blue sky prospects.
Looking at the Opuwo Project the resource only it has 225 mt of...
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Last
1.2¢ |
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0.001(9.09%) |
Mkt cap ! $30.85M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $32.65K | 2.845M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 5259000 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 3032467 | 7 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| CLA (ASX) Chart |