Might be an okay buy under a buck, but the low grades are killing this. They would have been better for them to just reference a higher grade above 1.2% even if it meant a smaller tonnage and then with more drilling eventually get this thing to over 70mt and upwards of 100, but instead they wanted their performance rights lol.
The FTW zone also has majority of the deposit aswell which is only 1.1%,
More drilling is needed here for it to become potentially a tier 1 deposit, but they are a long way off still, and alot of money will need to be spent.
The renard plant update with the go ahead might be a savour if they can get that over the line without having to spend much coin.
WR1 Price at posting:
$1.10 Sentiment: Buy Disclosure: Not Held
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