FMX I can't agree with a comparison like that of ABU to PXG.
Most of PXG's ounces are either;
low grade deposits with average (some higher and some lower) strip ratios or,
decent grade ore bodies but with quite high strip ratios.
They do appear to have some economic ore bodies and I do think they will mine and that they are undervalued but the quality is nothing like that of OP where we do have higher strip ratios but very much higher grade veins. Outstanding grades.
At Buccaneer our grades are much lower but the strip ratio is very low and bulk mining with a very low strip ratio on a single ore body may give better returns than multiple small ore bodies of higher grade (than Buccaneer) and much higher strip ratios.
FMX I can't agree with a comparison like that of ABU to PXG.Most...
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