Welcome @saskexpress! Good to see you pick up a position.
Posted this on CEO.ca... we shouldn't be so obsessive about tonnage. This is not a bulk tonnage deposit as we've become accustomed to seeking for base metals. Here, they are targeting higher concentrations and margins. If they continue hitting what they've recently been hitting, even a tiny mine will generate huge cashflows. Extremely rich ore.
e.g. NexGen Energy $NXE's Arrow 5.4Mt resource and $3Bln NPV.
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$4.03 |
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