Im guessing this conversion is based on recoveries and not equivalant comparing price in which case it would be much higher.
My guess is the high grade will be looking at 40-45m @ 2.5% with an overall MRE 150 @ 1.5%. All depends how much they choose to include in the MRE as the deep southwest zone will add high grade.
Ann: West Arunta Project - Luni Assay Results, page-159
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