In the short term grades give sp more kick, but you are right...

In the short term grades give sp more kick, but you are right KNG have to past the met test, ITM also while not reporting the highest grades has a massive resource potentially equivalent to Siviour, and a real good location, workforce can live nearby and raise a family nearby, towns, shops and schools and recreation all pretty close to ITM projects, ports also nearby, none of the FIFO stuff.

I think there is not enough emphasis on location at the moment across the asx, better location = lower capex/lower opex/better quality of life, middle of nowhere you gotta have high grades to compensate for the increased costs of working in the middle of nowhere.