Thanks Cedartree, I am just trying to catch up the DD which you guys had done before
Here is a draft estimate, Welcome for any thoughts of improvement
| GM Project |
Over optimism |
Optimisim |
Fair |
Conservative |
Over Conservative |
|
OSK Malatic |
|
|
|
|
|
|
|
|
| Length (m) |
9,000 |
2,530 |
2,530 |
2,530 |
2,530 |
|
1,900 |
| Depth (m) |
1,000 |
1,000 |
1,000 |
1,000 |
450 |
|
350 |
| Thickness (m) |
1.5 |
2.0 |
1.5 |
1.5 |
1.5 |
|
110 |
|
|
|
|
|
|
|
|
| Cubic meters |
13,500,000 |
5,060,000 |
3,795,000 |
3,795,000 |
1,707,750 |
|
73,150,000 |
| cm/t |
2.61 |
2.61 |
2.61 |
2.61 |
2.61 |
|
2.61 |
| Coverted Tons |
35,235,000 |
13,206,600 |
9,904,950 |
9,904,950 |
4,457,228 |
|
190,921,500 |
|
|
|
|
|
|
|
|
| g/t |
3.00 |
4.00 |
3.50 |
2.50 |
2.50 |
|
1.10 |
| Estimated grams |
105,705,000 |
52,826,400 |
34,667,325 |
24,762,375 |
11,143,069 |
|
210,013,650 |
|
31.1035 |
31.1035 |
31.1035 |
31.1035 |
31.1035 |
|
31.1035 |
| Estimated ozs |
3,398,492 |
1,698,407 |
1,114,580 |
796,128 |
358,258 |
|
6,752,091 |
|
|
|
|
|
|
|
|
| $$$ per oz |
150 |
150 |
125 |
100 |
100 |
|
200 |
|
|
|
|
|
|
|
|
| Value |
509,773,820 |
254,761,040 |
139,322,444 |
79,612,825 |
35,825,771 |
|
1,350,418,120 |
| Shares outstanding |
90,000,000 |
90,000,000 |
90,000,000 |
90,000,000 |
90,000,000 |
|
262,056,000 |
|
|
|
|
|
|
|
|
| Value/share |
5.66 |
2.83 |
1.55 |
0.88 |
0.40 |
|
5.15 |
