Note, there is a payoff ratio between grade and depth. In economic terms there is some sort of equivalency between high grade at depth compared to shallower but lower grades.
This is what sets apart some of the megacap bulk miners. They have vast resources at marginally good grades. Kempfield is Australia's second largest silver deposit.
ARD Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held
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