PEX 4.17% 11.5¢ peel mining limited

just working on Barry Fitzgeralds earlier estimate of between...

  1. 2,237 Posts.
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    just working on Barry Fitzgeralds earlier estimate of between 500-750 m tonne (...As a very rough guide, the lens looks to be good for say 500,000t to 750,000t of mineralisation after taking in to account high-grade hits encountered in half a dozen or so nearby holes.)
    and we use the analysts DSO figures
    1600 x 500k = $800m (profit $725m)
    1600 x 750k = $1.2b (profit $1.08b)

    if correct they are really staggering numbers, and it's just the lens, a considerable amount of anomalies are still unexplored:

    PEX FENCE.JPG
 
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