SVY 3.13% 3.3¢ stavely minerals limited

What is SVY potentially worth ?, page-34

  1. 8,208 Posts.
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    Take this with big grain of salt..
    I did some extra calcs and this is where I am landing in regards to some rough but conservative (in my view) numbers for the UG resource.
    If this MRE shows around 160k tones of copper then my estimates for the UG resource is showing around 340k tones of copper. And I believe this to be conservative number.

    My assumptions for the UG are:
    Rock Density: 2.4
    Strike: 400m ( various zones added together)
    Deep: 600m (below the 200m Open Pit)
    Width: 30m
    Grade: 2% CuEq
    If right, then SVY is one of the biggest bargains on the ASX.

    Again, this is me killing time and playing rough.. not to be taken as fin advice or anything.
 
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