30.3 mt @ 1.70% cueq, page-73

AuCN2 from what I understand they will ship a concentrate to China which includes Fe and Co. What its worth to them might be in the detail of the financing arrangement, I'm not sure how marketable such a concentrate would otherwise be. Xstrata are doing something similar at EH, minus the Cobalt, so I assume it is viable.

Bermuda, I would expect they will be mining higher grades initially also, though wouldn't want to guess what those might be without seeing the DFS. As the pit expands I would expect grades to decline. But I don't expect the market to value it more highly based on a couple of years mining a higher head grade (i.e. the P/E approach). They need to keep expanding the resource through exploration.

This release has managed to raise the overall grade of the M&I resource, so its definitely positive for the project, but not to the extent that I think some may have been expecting based on the doubts being raised about RC drilling etc, now put to rest.

BTW I was sloppy with that calculation, should have converted gold to pounds - but it makes no big difference to the end result (1.25% Cu eq). Magnetite would add another 0.1% or so if you chose to include it.