These are not outstanding numbers. The intervals are large but the grade is low ie it's yet another large low grade deposit. To process the ore a large plant would be needed meaning high Capex, well above $200m imo. Right now with tight finance and soaring inflation the market is looking for high grade shallow oxide ore that can be processed cheaply. Is the ore even free milling? If sulphide it will have little value at all due to the refractory ore processing costs and low recovery, Also grade this low can't be milled elsewhere, it's not profitable as an off take due to high trucking costs.
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