The total MII gives a total copper CME of 1,125mlb at a 0.2% cut off, which equals 502,000t CME (not T, btw, T is Tesla. t is tonne).
They won't recover all of that, say they get 0.5mt. So you are saying that you will not be surprised if the maximum JORC quantity will be exceeded by 500% to 900%. That there is 6 to 10 times more copper than the JORC estimates?
Good luck with that one, I think you will be surprised.
I am still puzzled by your comment that the MM could have "easily picked it out and held it". If he considered it to be 2% of a cu m, there is no way he could easily pick out and hold a 52kg nugget.
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