Re: Don't want to burst our bubble, but..
in response to
by
posted on
Feb 22, 2008 09:57AM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Hi Millsy,
When PGM mines come in, they add together the values for Platinum, palladium, rhodium, iridium, osmium and rhutenium to get a valuation. In your calculation, you omitted the platinum and the palladium. If we are talking about a PGM mine, we need these included in the calculation. So could you see what your model would give if you add these 2 metals. Thank you for doing such a great job with these calculations.
Glorieux