the logistics has to be factored in.
In the somewhat opaque silica sands market, having lower cost of shipping, and transport to port, means more margin, if you assume all else mining / screening of a similar opex.
That is a comparison which the presentation could benefit from on peer analysis. I guess we wait for the scoping study, and maybe they can then do so.
I'm not worried about the smaller size of deposit, because at 1 or 2mt pa, its still plenty of gravy for a couple of decades.
Location, location, location. If its work well for mitz, then same.
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