Novo Resources Corp T.NVO

HERE'S SOME NUMBERS ON EGINA - JUST FOR THE BASJERS

[mrbubba]

EGINA VALUE TO SHAREHOLDERS (7% of NOVO'S PROPERTY)
(NOTE: This assumes we can do the same at Egina as Karatha)
Total Cubic Meters (tenement is
7,600 sq km)	948,000,000.00
Pounds per Cubic Meter	5500
Total Pounds	5,214,000,000,000.00
2,000 Pounds per Ton	2,000.00
Total Tons	2,607,000,000.00
Mass of Concentrate as a
Percentage of Total (per
November 2018 News
Release)	0.25%
Mass of Concentrate in Tons	6,517,500.00
Grams per Ton (per Novem-
ber, 2018 News Release -
the range was from 92.4
gpt to 792 gpt)	92.4
Total Grams	602,217,000.00
Grams per Troy Ounce	31.1035
Total Ounces	19,361,711.70
Profit per Ounce	800.00
Total Profit	15,489,369,363.58
Novo Shares Outstanding	265,000,000.00
Value per Share	58.45
Price Earnings Multiplier
(10 maybe?)	10.00
Projected Share Price	584.50

[SniffnTheTears]

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[SniffnTheTears]

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[mrbubba]

Hey Sniffles, I used the average weight of iron ore, 5,500 pounds, the ore which has been harvested in the Westen Pilbara over the last tens of years? OK, I'll be nice to Ike.

[SniffnTheTears]

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[mrbubba]

Thanks Sniffles, got it - per page 69 of the 43-101 report: "The global mean dry bulk density is 1.73 t/m3 ..."

[SniffnTheTears]

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[TXRogers]

It's a Dalmatian.   The numbers cannot be rationalized as such. Tx  

[SniffnTheTears]

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[SniffnTheTears]

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[likeike]

40% of dalmations are deaf or become so in their lifetimes. Who does that apply too? Doberman Pinchers have some Dalmation in them and that is why they are prone to  deafness as well. IKE If you have a pencil does that make you a mathmatician?

[SniffnTheTears]

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