just to correct 100mT with a 5mtpa front end design is a 20Y LoM and that scale is enough to generate extremely good revenues. That in line with the scale MEI would like to do.
could go to 6-7.5mtpa as well. with a resource this large you can now just target the absolute highest grade, best composition and best metallurgical properties.
The MRE will just be determined by how much drilling they want to do before they run the calculation. IMO there is extensive resources here. It's just a matter of spending the money and time to drill areas at 100-200m spacing to be able to present that as indicated/inferred mineralisation in an MRE.
With this type of grade you only need 200mT to have a 30Y LOM even at a higher throughput. in time they will blow that scale out of the water imo but at which point it's just showing off. MEI drilling program will delineate a massive resource, enormous. and then they will just grab 200mT most economical viable parts of it to run the feasibility on.
SF2TH
just to correct 100mT with a 5mtpa front end design is a 20Y LoM...
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