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Simple Maths – SDL = 800,000,000 divide by 190,000,000 = $4.21...

  1. trademark1
    28 Posts.
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    29/05/08
    09:40
    Post #: 3783050
    Simple Maths –


    SDL = 800,000,000 divide by 190,000,000 = $4.21 per tonne
    DMM = 56,000,000 divide by 33,000,000 = $1.69 per tonne

    But wait, if the Scoping study ratifies the 135mt????


    DMM = 56,000,000 divide by 135,000,000 = $0.41c per tonne


    Hence upside from here $4.21 / $0.41c = 10.26 bagger


    Come on people…there should be a stampede on this….
    DMM Price at posting: 0.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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