Normal
JORC upgrade for SDL, also just realise I had an error in previous calculation200Mts'@60% Fe JORC which is worth $5/t = $600m = 30cNow the new JORC for the lower grade, mag style component is1,190Mts'@38% Fe JORC which is worth 25c/t = $115m = 5.7cSo based on these EV's fair value would be 35c, HOWEVER in the end the mkt will determine fair value
JORC upgrade for SDL, also just realise I had an error in previous calculation
200Mts'@60% Fe JORC which is worth $5/t = $600m = 30c
Now the new JORC for the lower grade, mag style component is
1,190Mts'@38% Fe JORC which is worth 25c/t = $115m = 5.7c
So based on these EV's fair value would be 35c, HOWEVER in the end the mkt will determine fair value
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