RE:RE:RE:RE:Bernstein fair value C$30??
That means his estimate is approx. for 13 billion pounds of copper at KK priced at $3/lb. That is what he is estimating that we either have in the ground or will have in the ground. Right now this is what we have at Kakula - "Indicated Resources total 192 million tonnes at a grade of 3.45% copper, containing 14.6 billion pounds of copper at a 1% copper cut-off. At a 2% copper cut-off, Indicated Resources total 115 million tonnes at a 4.80% copper grade, containing 12.1 billion pounds of copper. At a higher cut-off of 3% copper, Indicated Resources total 66 million tonnes at a grade of 6.59% copper, containing 9.6 billion pounds of copper."