Ann: Significant Massive Nickel Sulphide Discovery at Carr Boyd, page-624

Thanks tls,
yes I was rather excited myself when I saw the photos.
Had to show the metallurgist at work. All he said was “wow, that’s over 3.5% head grade”

A higher head grade is worth ALOT more.
when you process nickel, long story short, your essentially shrinking the volume down to increase the quality (Ni grade)
Less time and money is required to concentrate the nickel from the ore at a higher grade and
A lot more is paid for the ore as there is more nickel content inside that ore.
The way I look at it is once ESR get to their break even point of grade quality/costs, then any grade above that is essentially profit.
The higher the grade, the higher the profit!

IMO if this is the big find we all think it is then we could have 2 HUGE announcements to come in the short term.

1- the size of the find
2- the grade/quality of the find.

And again not financial advise just my observation.
GLTAH.