Compare to Ventenna Here is what Ventenna came out in regards to their average grade, cutoff, tonnage.
As previously disclosed, the initial mineral resource estimate for the La Bodega project is 27 million tonnes grading 3.9 grams per tonne gold, 21.5 grams per tonne silver, and 0.14% copper for a total of 3.5 million ounces of gold, 19.2 million ounces of silver and 84.6 million pounds of copper, each in an inferred resource category, at a cut-off grade of 2.0 grams of gold per tonne. Mineral resources that are not classified as mineral reserves do not have demonstrated economic viability.
Keep in mind that we are currently worth 1/10 of what Ventenna went for, and 1/40 of what Eike now believes what Ventenna is worth ($6 billion). Thanks nor_easter:
https://www.dailymail.co.uk/news/article-2117114/Brazilian-tycoon-Eike-Batista-boasts-Ill-worlds-richest-man-building-30bn-fortune-scratch.html?ITO=1490