What freehold forgets is 1. grade and open cut or underground. I read Emh .43% down to 500 m.
Underground mining, now ask yourself this relevant question how many 10 or 12 mil mc companies get the capital to underground mine in a country with sovereignty risk.
Now these grades are not 4 or 5 % or something that sets the market on fire it's great to listen to posters but you have to question when they are pushing a basically high cost low grade project who is going to fund it? My answer would be no one, as no company will fund low cost low grade mines especially when higher grade close to surface tenements are out there.
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