It appears you're dead right, James...I believe it IS 80%!
Hmmm.
So our in-ground calculations for the known resource become:
1,052,640 tonnes grading 7.64% = 80,421 tonnes contained metal.
80% of that is 64,337 tonnes.
At last night's LME close that was worth US$293m or AU$381m...about 57c/share.
Still not bad for a share trading at 3.3c with cash backing of about 1c/share.
It appears you're dead right, James...I believe it IS...
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Last
2.4¢ |
Change
-0.001(4.00%) |
Mkt cap ! $17.45M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.5¢ | 2.4¢ | $21.24K | 855.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1043036 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 87538 | 1 |
View Market Depth
| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| MLS (ASX) Chart |