Re: New math

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Edgy

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Re: New math

in response to

New math

Zooloo

posted on Mar 09, 2010 11:02AM

How about newer math?

value of indicated $4,416 million
value of inferred $2,021 million
Total for both $6,437 million
Shares 168million
Per share $38.31
I consider 5% discount, 10% is for a final resource with feasability study completed.
Discount to 5% = $1.91

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