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Still guesswork not knowing what profitability of process is but it sounds good in general

you could say that the silver is worth twice the gold and copper so far inferred but they are also targetting double the copper

so it a lot of makes sense to have the plant convertible as they say

Well it has doubled since last year and some say will get to 30 silver gold ratio so over 133 but who knows where gold will be by then

its all crazy stuff but that one thing could be 3.4billion USD in the ground possibly 200 million at 5.9%

but is it measured

Price of gold could go up 50% from here and some say looney tunes prices because of the FED

I suppose one could buy bsx itself but the profitability of the resource is likely to be 30 % instead of 50%

Hope Total Indicated Resources

Hope Total Inferred Resources

Total Inferred Resources

Mankayan Copper-Gold Porphyry Deposit

Val Method Asset $ Asset p/Sh

0.026946108 $7,595,711.75 0.025973633

0.026946108 $19,300,218.99 0.066020603

0.026946108 $55,409,820.36 0.190870088

0.026946108 $3,584,893,121.21 1.381589021

Also GWMO is showing similar volume at the bottom a few weeks after BZT got started and they have a lot more asset per share in a more western location

Something like that

phillipines assets have so far as i can tell been cheap for a

long time

not sure that will remain the case

australian assets attract far higher prices since their costs are lower and they connect to existing infrastructure

i am just comparing MIG and DCF rough estimates and seeing a lot of potential value and that seems to be ebing realised in prices thuis year and last more than before

so if Scott is right about what he is doing, he could just pull off a deal

Aquisitions hotting up over th last year

could pay us 3p per share

Construction in relation top which asset ?

sorry i havent kept up

but i figured mankayan could be worth 1.1-1.6p in itself (to another mining company)

other than just holding

other things to do in the real world

i guess 6-18 months should be enough to really get somewhere with this one

I meant the other project recently mentioned, that they have done a move on share ownership that appears to say 23% of mankayan in the phillippines is owned indirectly by Bezant

The mankayan prospect is far bigger and worth something like 48billion in total

obviously it never reaches that number but a proportion could be viable and attractive to bigger players like BHP who walked away from a 49billion Anglo American deal...just sayin...spreadsheets dont fit on here but

inferred mineral resource estimate is something like 200 times bigger than hope gorob so i'm just wondering why the talk about one funding the other which i may have followed and believed in myself

Not entirely relevant or true since no8 bought something a lot smaller for over 1 billion paying one years projected output at current gold price

Or sell it it to the likes of BHP Billiton for 3p-7.5p

it is actually worth more than Hope Gorob

Mirie it is while sumer ilast

wist fugheles song,

oc nu nechest windes blast

and weder strong,

Ej! ej! what this nicht is long,

and ich wid wel michel wrong

soregh and murne and fast

Grades from trenches around 3g/t sort sounds like some russian grades in open cast mining

the grades on level 4 far more juicy

- a large tonnage capacity winch being installed at the top of the Llechfraith Shaft with another one on No.4 Level, together with shaft doors and signalling devices.

Must be the prospect of the bulk sample results

>>>>>

My valuation software for metals still very primitve and incomplete

but i got somewhere - needs rewrite with my newfound methods sometime

must do NPV soon, with many different methods they should be loaded from textfile to arrays

easier to write a new method each time

Was it 10,000 tons pA in the 1990's

I'm still on software

getting something basic here

but i thought 6p on the optimistic side for ten years output

But it has its positives despite being half the size gold investors would like to see and not derisked OK ok

meanwhile i shall have a go at a valuation method that i coded for oil assets, rehashed for metals which i suppose i always meant to do, as very rough and ready reckonner several different ways

pretty basic but can always refine later

i know if I start I could take all week becuase i've learnt a few things since then

Yes it could do but there could be several reasons for acheiviing that price and i dont see the extended being mentioned much just the old mine at alledgedly 150,000 ounces, but i mean where's the whole out working of inferred to proveable reserves? also the clogau premium, how much is it? and how will it last during mining activities?

This was said a while ago and its the new lode only and at $2400 5% it could be: £0.48p to a buyer?

too simple in know...

https://www.dailymail.co.uk/news/article-9081229/Wales-braces-new-gold-rush-700million-seam-precious-metal-discovered-Snowdonia.html

0.0365 is not bad even if you didnt get any of the over subscribed shares at 0.03