RE:RE:Nfg under water for most The most conservative Analytical estimate is 7.7 million ounces by Napkin Math.
There is another Napkin Math estimate of 10 million ounces but it's analytics are sparse.
Its my view that Napkin Math works well for those deposits which have a FS based on closely spaced definition drilling .......stretching grades to 100 meters is fine..but would grossly under estimate exploration based drill results like those of QWN, whose drill spacing extends beyond 100 meters .
Other than that, we have statements of resources up to 100 million ounces without an analytical basis that can be tested for bias.
Then there is mine, all analytical , which exceed 10 milling ounces for shallow depths within only a modest drilled portion of QWN .
AIMHO
GLTA