HBK has a 43-101 verifying 70 million tons but during the core sample drilling realized more aggregates below.

Understanding is that during the drilling they stopped at 70 million tons as at 2 million tons per year it would take over 35 years to remove.They also picked up the extra property which contaiins an unspecified amount. Ascots 43-101 proved up 40 million tons. Together they support a proven 110 million tons.

Take a very low average of $25 per ton works out to be $2.75 billion plus dollars. We pretty much know that aggregates will be fetching more per ton as the price has been as high as $70 - $75 per ton delivered.

The price of $32 per ton has been posted on the forum which would mean Swamp Point today would have a value of $3.52 billion that of course includes Ascot. Lets face it nothing is getting any cheaper from year to year.