There is a good reason I still hold after so many years and many disappointments along the way.
But assets are only ranked after they have had a bankable feasibility study completed. Even then the ranking will fluctuate with the market, or, performance and encountered ground conditions etc. once mining commences. A company I recently worked for built a 3 billion dollar mine on the assumption it was a Tier 1 asset shown in the FS, but when they tried to sell it found it was rated as Tier 2 by the investment banking community.
We don't even know if these targets are assets yet. Talking about Tiers now is a waste of words.
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