the most gold in an ore-body is estimated to be 106 million ounces at grasberg in papua indonesia. but that mine is mostly copper the gold would be mined with the copper even if the price of gold was significantly lower.

the largest gold ore body in the world is supposed to be 'south deep' in south africa at about 81 million ounces.

let's say we found a 100 million ounce gold ore-body, which would make it one of the largest in the world. at about $1,200 an ounce, the value of the gold in the ground would be about 120 billion dollars.

our old pea says we have about 1.4 million tons of ore. i'm sure later estimates will be larger, but let's use 1.4 million tons for this calculation.

zenyatta says our value per ounce is from $1,200 to $6,000. if we take the lesser value and round it down to $1,000 per ounce, the value of our ore-body in the ground is a rock-bottom 35 TRILLION dollars!! of course, like gold or anything else mined, the mining costs always have to be subtracted from that figure. and if we take the bigger price of $6,000 per ounce we get a value of 210 TRILLION dollars!

so the value of ZEN's ore-body is between 35 trillion dollars to a little more than 210 trillion dollars. there is no gold mine on earth that comes close to those numbers.

there are various methods to estimate the price per share based the value of an ore-body a company has and i'm not going to go through them all. a common one is 5% of the value divided by the number of shares fully diluted. other people can try to estimate what our share price should be at those numbers.

but i will say this.. our share price is very, very tiny compared to what it will be when we start to sell even a tiny amount of our graphene. and once we show we are serious about mining it, the share price should begin its rise into the stratosphere.