Shane Hardy.. The Jorc resource is not 1.5-3% Ni. The latest presentation clearly says 1.2% Ni and the historical resource is 1.1% Ni. In any case JORC inferred resources are not quoted as a range of grade, only JORC exploration targets are quoted as a range of grade and tonnes and that the lowest confidence JORC classification.
And now a reassuring word from CEO Ryan Mount., page-215
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