Hi 3H,
many thanks for your time and help,,,
Eucla Basin
Zircon 1.8mT x .41 x 833 = 615 mill
Rutile 1.8mT x .03 x 555 = 30 mill
Leucoxene 1.8mT x .42 x 422 = 420 mill
IImentite 1.8mT x .1 x 88 = 16mill
total = 1.081 Bill
marketcap from comsec 22mill at 16c therefore approx 137 mill shares on issue,,,
is there a rule of thumb capex i can use ,?? 50%
50% x 1 bill = 500 mill / 137 mill shares = $3.65,,,
what have i got wrong ,capex(?)
E
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Hi 3H, many thanks for your time and help,,,Eucla BasinZircon...
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