HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

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)

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Message: Re: Value of refined Chromite ore
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Chromium - factoring value of NOT's recent hits
27
rodg45
May 28, 2008 04:02AM
Re: Chromium - factoring value of NOT's recent hits
2
seawind
May 28, 2008 04:31AM
Re: Chromium - factoring value of NOT's recent hits
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rodg45
May 28, 2008 04:41AM
Re: Chromium - factoring value of NOT's recent hits
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seawind
May 28, 2008 04:55AM
Value of refined Chromite ore
16
ddsmd
May 28, 2008 06:04AM
Nice calculation. Not being picky but you mixed sq meters with cubic meters.

If we take a low grade and get the number $540/ton from vinny88, we get 4.5 ton/cubic meter x $540/ton =$2,430/cubic meter.
Then 600,000 cubic meters x $2,430/cubic meter = $1, 458,000,000.00 for one pod/deposit.

It's lot less than your suggested number, but it still adds a great deal to NOT value.
9 Recommendations
Re: Chromium - factoring value of NOT's recent hits
5
rodg45
May 28, 2008 06:28AM
Re: Value of refined Chromite ore
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Polylabel
May 28, 2008 06:34AM
Re: Chromium - factoring value of NOT's recent hits - alternate value
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rodg45
May 28, 2008 06:43AM
Re: Chromium - factoring value of NOT's recent hits
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seawind
May 28, 2008 06:45AM
Re: Chromium - factoring value of NOT's recent hits
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rodg45
May 28, 2008 07:17AM
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