RXM rex minerals limited
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Value of resource, page-2

  1. undedev
    227 Posts.
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    29/10/14
    13:24
    Post #: 14200605
    Completely ignoring costs..... Reserves 180mt @ 0.52%

    =180,000,000 * .0052 = 936,000 tonnes of copper assuming 100% recovery

    936,000 * $6500 per tonne = 936,000 * 6,500 = $6,084,000,000

    Hopefully the maths is ok. Someone will correct if not
    RXM Price at posting: 22.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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