RE:RE:RE:RE:It's just the start The stockpile value of, $2657733 is on page 5 of the march 31 financials.
The march 31 MDA has other details, specifically
During the three months ended March 31, 2018, a total of 1,094,487 tonnes of ore were mined at a strip ratio of 0.47:1 with a total of 1,608,669 tonnes of material moved. For the month of March, 2018, a total of 367,456 tonnes of ore were mined, and a total of 599,498 tonnes of material moved. Approximately 36% of the ore mined in the quarter was stockpiled as low grade material averaging 0.53 g/t for processing later in the mine life. This material was assumed as waste in the 2015 Feasibility Study. Waste material was used to build the waste dump and ditching.
Looks to me like its 36% of the total mined in that quarter, so, 0.36*1094487=394015 tonnes.
So its value is $2657733/394015 tonnes = 6.75$/ton.
They plan on processing it later to get 95% of 0.53g/tonn for 394015ton.
So 0.95*0.53*394015 = 198386g or 198386.5525/31.1 = 6378 ounces
valued at $2657733/6378ounces $416per ounce.
So we have $2657733 of ore that was initially assumed to be waste..... thats 1.3c per share of value