Mongy
reading the report in detail, there is no breakdown in material type, nor diagrams highlighting open pit vs underground resource.
while some open pit material would be oxide, I'd be on the money pointing to most of the open pit resource are located around existing pits with the oxide already mined out.
Grace was the only virgin portion of the previous resource, and as it was not highlighted (ie hidden) in the announcement it's likely been torched or heavily reduced.
in reality you don't want two processing circuits when one ore source is a minor contributor. the main game here is sulphides - with both a potential UG and Pits contributing.
as as exploration targets are concerned, you're already writing them into future upside lol. paddy's is a well drilled duster mate. look how patchy it is lol. it's a shame the company wasn't more transparent with these results- leads the less than astute investor down the garden path.
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