5E Grade 1.65 g/t 1 Cu 0.07% 2 Ni 0.09% 3 Co 0
Haven't assumed anything extra from this:
2 August 2022:
The PGM horizon sits physically sit below the base metal horizon towards the hanging wall. An example of the grade transition is shown in Appendix A. Importantly for early-stage mine planning, the PGM – upper horizon currently hosts 12.3Mt at 2.05 g/t 5E PGM and this high-grade allows the study team to assess multiple mining options.
Nor this (neither have I budgeted for initial strip but the conservative $750m capex budget covers a multitude, incl longer lead time)
Crystal ball gazing - time for some guidance, if only from a third party analyst.
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