I never said SHP was economically unfeasible. I was simply responding to Tipton's point about how saying comparisons were a waste of time. I highlighted the impact of the lower grade and the potential impacts this may have on cost, operations, and environmental impact and where that places SHP relative to the big majors.
On the Highfield resources note, you'll find that their project is nearing the construction phase both with indicated and measured resources (go have a look at how their share price has peformed over the last 5 years). Note during the scoping and PFS studies of Highfield, the inferred resources had grades close but slightly lower than that of SHP. Once they were upgrades to indicated and measured, the grades of K2O dropped quite a bit (I am not implying here that once SHP gets measured and indicated resources that its grade will drop, we are yet to know this). Anything below 8% K2O grade is uneconomical so the higher the grade the better. Once external scoping studies and the PFS and DFS come out, the grades at Ohmgebirge will be much more accurate and reliable. But as of now, they are on the much lower end of projects in Europe
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I never said SHP was economically unfeasible. I was simply...
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