I agree Johnodav, the 30 meters may not be evenly distributed...

I agree Johnodav, the 30 meters may not be evenly distributed with the watermelon seed nuggets.
I used 1 metre as a guide of which it came from some of NOVO's previous sampling results which showed the upper conglomerate to be approximately one metre thick. This is as close as i can work with at this point but the formula can be quickly transposed onto the next lot of results as they come in from Novo, of which it should be anywhere from next week to about 2 years time.
Personally i believe that this will be viable but the grade and thickness will vary wildly, as to how much we have well that will be just an educated guess for the time being.
With a market cap of 27 million this has to be on the money for a basin wide discovery and potential multi bag if all is viable of course.
Way to hard to estimate a grade for KAI with such little information available and so many variables, but at least we have now found them also.