The pure magnitude of it all21 Jan 2022 20:39
I just wanted to make sure I'm understanding this right. If the potential ore body is 7km x 7 km x 10 m (hopefully its much thicker) that's a whopping 1.2e12 kg of ore, assuming a conservative 2500 kg/m3 density. At 0.5% Cu ($10/kg) and 0.5% Ni ($23.9/kg) (I don't know what's reasonable) that would be around 200 billion U.S. $ of value. If KAV only grabs 1% of that in their market cap it represents a 66x gain (2 billion/ 30 million). Is this the magnitude of what were potentially dealing with?