While the grades may not be amazing, (1) they are aircore grades, (2) they are wide spread, and (3) with current gold price, they are (at the very least) economic grades for our neighbours proposed heap leach program.
That said, the biggest concern, and the reason that the SP struggles so much, is that there has been endless talk of monetisation, which has (to date) not eventuated into anything.
(Classic NXM with the little bump pre positive announcement)
While the grades may not be amazing, (1) they are aircore...
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