The market always wants tonnage and grades above 1%. The concept...

The market always wants tonnage and grades above 1%. The concept of high grade low resource has still not entered mining yet and is an unknown. Hence the business model and case for investment needs to be proven and like stocks in taw, the so rerates gradually. Whereas a potentially large resource gives the project a buffer and by default attracts investors. That is why stocks like mtc will be recognised if the intercepts come in closer to a consistent 10 - 15 m with high grade and of true width. If we can get huts similar to gxy at games bay, we would be instantly rerated. Look at the research report on cancet and the forecast 97 c was based on achieving 15 mt jorc by the 2nd drill phase.