Coach-
Just to clarify on EXN, all this ore is from the core area which is 100% owned by EXN. There is a joint venture area where they own 50%, but operations have not started there yet.
There is no doubt that EXN is a little fish in a big pond, but the cash flow will be so good from this ore that I believe they will pull it off. Assuming these are metric tonnes, I calculate the ore is worth $592 (US) at todays prices. For 19600 tonnes, that would be 11.6 million dollars. Obviously recovery rates won’t be 100%, but this is still incredible ore.
