Back to my earlier calculation, I have gone further (based on 10% of in-ground value):
Sandy Creek
15.97Mt @ 2.3% Zn/Pb= $932m
15.97Mt @ 5.4g/t Ag= $61m
5.4Mt @ 3.9% Zn & 0.6% Pb= $636m
5.4Mt @ 5.1g/t Ag= $19m
Djibitgun
19.90Mt @ 16.4g/t Ag= $231m
Therfore total value of Sandy Creek and Djibitgun so far is $188m (at 10%). Based on 193m shares on issue this gives a value per share of $0.98.
Therefore based on the current sp of $0.20, TNG is valued at only 2% of its in-ground resource inventory.
Back to my earlier calculation, I have gone further (based on...
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Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $94.02M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.5¢ | 5.3¢ | $32.39K | 600.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4074755 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 645608 | 3 |
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