SIR 0.00% $2.52 sirius resources nl

Angry Ant: using the sections through Nova I get 9.49 Mt (using...

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    Angry Ant: using the sections through Nova I get 9.49 Mt (using a 3.63 SG assuming a 3:1 pyrrhotite factor and 2.99 SG for the troctolite) at 2.47% Ni. At a Ni:Cu ratio of 2.42 thats 1.02% Cu which should be good enough at this stage. Using your SG I got 12.29 Mt which as was mentioned, seems too high, but we agree on the grade and volume at least (fools seldom differ?).

    Will be interesting to see what difference the metre by metre assays make to the calculations instead of just the gross intervals from the ASX releases.

    If all goes according to "plan" (?) Bollinger could double or treble the tonnes using the Ovoid as a proxy. Here's to the upside! Wine time now.

    Cheers
    (this is the opinion of a non-competent person and should be treated as such - as always, Caveat emptor)


 
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