Yes, 200 mt in the three Southern Deposits overall but other posters suggesting to just look at Capao only, not Soberbo extractions. So was looking at a Capao case only based on this. Capao has better extraction over Soberbo.
10 Mtpa would definitely be the go for something this big, but the two broker reports are both using 5 Mtpa. Generally broker reports "front run" the engineering inputs, I would be surprised if their scoping study isn't 5 Mtpa based on that. Also they need ~50% indicated resources for scoping study, which is only 1 Q away now, so say you want a 10 Mtpa basis at 15 year mine life, you need 75 mt indicated. Not sure how drilling is going, but it will be a monumental effort to get 150 mt indicated reported to then go into a study due in 1 quarter. Getting 30-35 mt indicated for a 5 mtpa case probably more feasible with the timeline?
Yes, 200 mt in the three Southern Deposits overall but other...
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