RXM 0.00% 44.5¢ rex minerals limited

Completely ignoring costs..... Reserves 180mt @ 0.52%...

  1. 227 Posts.
    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
 
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