It might be more likely that AMD ends up with hundreds of millions of tons. The 50m ton is just a stepping stone early target imo. You can be sure they have not hit the best enrichment areas yet. Recent X photos show the Geo’s walking across a ridge top that's got 60% sticking out of the ground. They have literally scratched the surface with klm’s of strike running 55-60% in rock chips that have never been drilled. Bulk commodities like iron ore are so much better to drill. It tends to lay in big beds, like coal. You can get a lot of bang for the buck. Lots of drilling to do here.
Blackcat. I know it's early days, You have walked the walk on some iron ore deposits, if you were to take a conservative stab here, what sort of tonnage is a reasonable expectation at 57% average grade for you?
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