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15:42
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Originally posted by mbomb:
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Think you fail to grasp what the company is trying to do in terms of adding scale for a potential bulk mining operation. This has been flagged from the company some 6 months ago that they were targeting this. 1.2g/t is decent enough. Importantly theres circa 3moz that can be targeted at 3.57g/t. There are South African operations which do a similar style, they open pit mine and separate out the high grade stuff from the low grade stuff and process separately into a concentrate. The high grade stuff is higher margin obviously but the lower grade stuff is important for overall scale. Strategically it also adds value to the overall resource.
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Scale is irrelevant if there is nothing in the ground. 114mt would've had to be at 0.5g/t or lower to reduce the overall PGM by that much!!
