imagineUsing the values of the 43 meter hole and pretending it was a cube you would get 79507 cu. meters of rock.
(43 x 43 x43).
Multiply that by 2.5 (approx. density) and you get 198767 tonnes of rock.
Now if you plug the grades into the casey calculator you get $758922 /tonne. (calculation below)
Now let's multiply 198767 tonnes by 758922 and you get 150,849,028,635 or about $150 billion.
With 75% of the project that would net about $113 billion if fully realized.
If we are credited with 10% of that value that would be $11.3 billion.
Divide that by 85 million outstanding shares and you get a value of $132/share.
I'm holding...
- Wildkyd