RE: Monday will see sell off retail placing shares....?11 Dec 2024 12:20
Is this calculation correct?
From RNS: An internal, non-code-compliant assessment of germanium by-product is approximately 4.8 million tonnes, with an expected average grade of 21.9g/t Ge
So,
4,800,000 tons
21.9 gram/ton
105,120,000 grams of GE
105,120 kg of GE
At say $4000/kg that is worth $420 million. Thats just the germanium. Without the zinc, the silver, and whatever else they have in the ground at Molaoi.