I think to expect 20m hits your bar is too high.
It is just a question of the grade of the mineralisation, geometry and mining costs.
Only 2m of massive is required for underground mining.
At wider widths lower grade can be mined - see Panoramic who mine numerous deposits at moderate grades (near 2%)where the width is larger and mechanised mining methods can be used.
It is the grade that is the key.
with this style of orebody we need to see more massive mineralisation for the market to gain confidence that the deposit will become a mine. If it is massive mineralisation, the Ni grade will be 3 or 4% and it does not matter whether the width is only 2m - it will still be mineable.
cheers
gosouth
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