Hi oleblue, gwylim, glenn3 and the others. I like your posts and your information about anglo aluminum and the government of new guinea. I saw that you're following this board and my calculations for anglo aluminum. I also saw, that you are thinking about the calculations and the share price. Now I would like to show you the newest calculation with the new drillings update from the koumbia deposit and the koba deposit. The calculations are based with the latest metalprices for Bauxite / lb and without costs, because we haven't any. Costs will be added in the feasibility study or the preliminary feasibility study which is currently under way. Just start: Koba project (bauxite, iron ore pellets and titanium): Bauxite/ Aluminum with indicated resources of 501,000,000 mil tonnes @ grades of 42.9 % is recoverable metal of 214,929,000 mil tonnes. Price USD / lb is about $0.63. Price USD / t is about $1,388.91. This price $1,388.91 from the market with the recoverable metal 214,929,000 mil tonnes is about: $298,517,521,360 (this is the metal value for indicated resources bauxite)
Bauxite / Aluminum with inferred resources of 65,100,000 mil tonnes @ grades of 43.69% is recoverable metal of 28,442,190mil tonnes. Price USD / t of $1,388.91. This price with recoverable metal is about: $39,503,706,158 (this is the metal value for inferred resources bauxite). Iron Ore pellets with indicated resources of 501,000,000 mil tonnes @ grades of 27.81 is recoverable metal of 139,328,100 mil tonnes. Price USD / t is about $68.20. This price with the recoverable metal of 139,328,100 is about: $9,502,176,420 (this is the metal value for indicated resources iron ore pellets). Due to this calculations Inferred iron ore metal value in short form is: $1,194,755,562 Titanium metal value indicated is: $83,356,380,000 (with market price of 7,050.00 and grades of 2.36%).
Titanium metal value inferred is: $11,290,293,000 Due to this calculations the gross project value inferred and indicated is about: $443,364,832,500 This amount divided with the current shares outstanding (82mio shares) is a gross project value per share of : $5,406.00 USD/share This was the Koba project with the full 100% own, there is an arrangement with the government of new guinea to sell 50% to a potential investor and 50% to the government. $5,406.00 divided with 2 is about : $ 2,703.00 USD/share without costs!! Now the koumbia project only indicated resources available: Indicated Bauxite resources of 129,800,000 mil tonnes @ grades of 48.4% is recoverable metal of about 62,823,200 mil tonnes. This multiplied by the market price is about: $87,255,912,175 metal value.
Indicated iron ore pellets metal value is: $1,752,767,280 (grades of 19.8%)
Indicated titanium metal value is: $35,688,510,000 (grades of 3.9%) The gross project value of koumbia is about: $124,697,189,455 USD/share : $1,526.18 This calculations are as mentioned above without all types of the costs, because they will follow with the feasibility study. But we all can see, this is something really big and it will be huge. The koumbia deposit is just a little drilled and we can expect additional updates and expands(raises) of the resources. Altough they have 14 additional projects with titanium, and a lot more different ore's. Please look over my bad english and my grammar I'm just learning :) I hope to hear some interesting posts and information in the stockhouse board in future. Kind regards, Bio ----------- Bin kein Anlageberater und diene nicht dazu. Posts stellen eigene Meinung dar http://tiny.cc/wme88 |
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