So the initial Monte Alto assays make me think we can probably get 1000m x 100m x10m of the high grade stuff there, or about 3mt @ 10% TREO. Say basket price is $30/kg. 300million kg @ $30/kg is ~$10bill. At a high grade most of this will be profit.
The exploration target at Pele is 30x this, ie 100mt.
Make that of what you will.
So the initial Monte Alto assays make me think we can probably...
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