I don’t look purely at PPM at all, but it’s certainly a factor in companies claims and resource statements.
The economics behind that requires further investigation but higher grades will always trump an abundance of lower grades IMO.
Theres a reason a whole host of companies go broke or can’t make bank on their projects. The largest factor IMO is the grades are tripe. Not just uranium.
Yet to be seen if Boss runs an economical ship but I’m confident that they’ll at least be extracting high grade stuff to commence.
I don’t look purely at PPM at all, but it’s certainly a factor...
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