That may be the case Maigret, but although I admit size of resource does contribute to market cap, the PHYSICAL size of the resource contributes massively to mining costs. This obivously all gets worked out in the PFS/DFS etc but Id sure prefer a smaller, dense and SHALLOW deposit with good grades rather than a larger but poorer graded resource spread over many many kilometers. Aside from Iron Ore, how many minerals are profitably mined across a distance of tens of kilometers?
RML Price at posting:
70.5¢ Sentiment: Buy Disclosure: Held
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