Yes spot on.
The company has quoted they believe it is payable at 0.2% grade.
Their target in a drill out resource stage is 0.25% grade for the top 300m.
I saw a WA copper explorer release their updated PFS and they used 0.24% cut off and that is for copper so you should compare this to a copper porphyry system in terms of grades. We have the advantage though at present for the price of nickel vs copper.
Ann: MTD025 Extends Nickel Mineralisation, page-58
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