RE: Revised resource estimate by Geol_Pro Makes sense, conservative at $6000/t for finished product and in line, the chief’s estimate of $8.00/share, an in-situ value discounted to 5%. Cheers, Mark
“Bottom line is, my new estimate yields (again this is only for the sweet-spots of the two pipes combined)
- 75 million tonnes of ore
- 1.6 million tonnes of graphite
- $9.8 billion value (at $6,000/tonne)
- $166 per Zen share value for the in situ resource (58.9 million Zen shares)
All the best to you all - look forward to discussing this on Weds.
Geol_Pro
Read more at https://www.stockhouse.com/bullboards/messagedetail.aspx?s=ZEN&t=LIST&m=32663263&l=0&pd=1&r=0#WZ5dQXkXmAKCrsqA.99