Yes spot on.
The company has quoted they believe it is payable at 0.2% grade.
Their target in a drill out resource stage is 0.25% grade for the top 300m.
I saw a WA copper explorer release their updated PFS and they used 0.24% cut off and that is for copper so you should compare this to a copper porphyry system in terms of grades. We have the advantage though at present for the price of nickel vs copper.
Ann: MTD025 Extends Nickel Mineralisation, page-58
-
- There are more pages in this discussion • 1,031 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
32.0¢ |
Change
0.050(18.5%) |
Mkt cap ! $25.88M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 32.0¢ | 27.0¢ | $47.33K | 161.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 1233 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| WMG (ASX) Chart |