stevemosh you are missinformed on several accounts.
firstly the ex WMC resources were fully factorised and diluted, do you think current management are so stupid as to not be aware of the cost of mining? secondly ignoring my previous point, any mine manager in a sulfide system only getting 65pct Ni recovery, would be sacked.
Thirdly cut off grades will have dropped since WMC as well as mining width's making more shoots accessable.
Fourth it does not account for modern high grade hits intersected at depth, or more shallowly, which as yet require tighter spaced drilling to make JORC compliant, but which should significantly increase the resource if the money is spent.
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