RDS 0.00% 0.5¢ redstone resources limited

Some numbers, this looks great deal

  1. 12 Posts.
    lightbulb Created with Sketch. 1
    So just calculating, please correct me if make some incorrect assumptions.
    6,000,000m3 = 10,000,000 Tonnes. I've seen some articles of tailings gold recovery at 0.5 grams per tonne, = 5,000,000 grams, = 160,000 oz. At =$2500/oz = $400,000,000. $400 million is things go good. I believe that's roughly $1.00 per share.
    Don't know rate of extraction though I've seen 10,000-20,000T pet month in other articles.
    Did I miss something? Its the recovery grade we need to know
 
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