RE: RNS zone…3 Dec 2025 15:37
Shame. No-one answered my message where 3.1m oz of gold has come from. Was written 3 hours ago too.
Just recieved the typical responce from the bonkers haters , im presuming the total resource of the 3 projects have been added together to get the 3.1m magic number.
My understanding is kefi have 1.05m oz of gold from Tula kapi thats mineable, and pretty decent grade too from a resource of 1.7m oz
Hawiah has i believe 745,000oz resource (not mineable )and is a pretty big silver play
Jibal qutman has a resource of 902,000 gold , again resource not reserve (financial studies still ongoing, so not in the reserve categorys)
1.7m (tula kapi) plus 902,000 plus 745,000 equals around 3.3m oz
However i still dont have any idea why that number has been used , having even less idea why 12 people have recommended the post , so im presuming im very much in the wrong here , hence why I'm seeking a explanation where my error is.
Kefi have 1.05m oz of mineable gold from TK , add 200k oz if you want to include the underground
That leaves a RESOURCE of 1.65m oz from saudi , last time I checked ARTAR owned 85% of that resource. Meaning kefis share is only a little under 250koz from the total resource , NOT RESERVE.
Am I just bonkers , like i said im prob in the wrong considering 12 people recommended the post , so happy for my obvious error to be pointed out, and I'll eat some humble pie