nice presentation just released on the ASX from looking at the drill intercepts seems to show the high grades were from the deepest intercepts so guessing bad from a open pit perspective as have to make the pit shell larger to get the high grade ore out however good from a resource perspective as the higher grades could continue at depth.
Any way the grade makes HAZ look a bit over bought considering their lower grade resource and market cap.
THe other thing its a relatively small resource but tungstan is free milling so not a lot of machinery required for CAPEX, crusher, mill, and Heavy meidia or gravity seperation of tungstan from the ore. Also the location would indicate no need for FIFO
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