Hi Ladytradr
The grades are obviously done off an average, there's alot of lower grade spodumene there. To be getting 1.2% your going to need hits in the 1.5 - 1.6 region or even higher to balance these out. Mineralisation appears to get worse as it goes deeper as proc said.
Secondly, Im not sure thats how mining works, this is going to be open pit. They're taking every once of ore whether its 0.5% or 1.5% and its going through DMS/Flotation.
If you think there's no directors specials please refer to TARC023 and TARC89 drilled at 75/90 degree azimuth.
Im not trying to burst the bubble here. We are talking about an explorer here with 2 assays out with a close to 350m fully diluted market cap (not exactly sure with the new shares on the market).
That's insane, its going to be turbulent. I've got skin in the game but my eyes aren't closed, strap in or strap on.
DYOR
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