Venmyn gave fair value of USD 967m to Araxá, page-17

I'd be interested in how this can be a 'monster' based upon known information from the map above provided by SGQ in the initial presentation. Look at the scale!! The pink dots are the high grade X width intersections. The tenement in the East is to be excluded, managements own words, because the big old tailings dam is there.

Within 100m or so in the North there are plenty of yellow dots, indicating less than 10m X width of Niobium, so getting into low grade.
The Ni43-101 resource estimate had just 80,000 tonnes of anything higher than a 2% grade. CBMM next door are mining 2.5% Niobium grade.
The high grade mineralisation is the oxidised layer above the fresh mineralisation, at CBMM's deposit next door and WA1's deposit, so where will the 'monster' as claimed by lots of people here come from??

Use the map above to explain where you think they could drill to find a whole lot more 2% plus mineralisation that hasn't already been found, and please include an explanation of why?