Ah yes, good point. It is possible the exposed pit that has been used to extract for many years is given reserve status given it would be easy to est. size. That could get us a fair market dollar value we have been promised.
Even a few million tons would be an exciting number. Right now they have 200,000 tons on balance sheet with $1.6m net. Multiply that by 20, by 50, that is big number for a pinksheet with a market cap of $2m right now.
Of course we all want $2 billion to be put on their balance sheet in few weeks, I just have a hard time believing that. I do think the est. total deposit size does have a value of a few billion.
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