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4.35% 8.8¢ southern gold limited

Can anyone calculate what the 0.15 Mt equates to in Gold Ounces...

  1. Mr Kodal
    53 Posts.
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    25/07/17
    23:55
    Post #: 26077020
    Can anyone calculate what the 0.15 Mt equates to in Gold Ounces from the below report

    "The Gubong mine has been the largest gold producer in the Republic of Korea, with over 0.1 tonnes of gold produced per year from 1930 to 1943. The ore had an average grade of about 6.4 g/t Au and an average Au/Ag ratio of about 3:1. Remaining ore reserves are estimated at about 0.15 Mt of ore"

    http://www.portergeo.com.au/database/mineinfo.asp?mineid=mn1110
    SAU Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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