Anything is possible and 3% would be phenomenal… just trying to point out to the punters that Mode’s back of the envelope calcs are not worst case… a resource with a 1% Cu grade would be fantastic over 100mt… 3% and this is a $billion plus company.
So don’t be disappointed if grades are lower then getting bandied around here… to look what value a low grade bulk tonnage porphry can bring just look at some explorers in CN or even HCH in Aus but even that’s undervalued compared to other indexes as the Aus market doesn’t understand how to value lower grade bulk tonnage in specs
Copper & Nickel, page-75
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