Apart from just ounces what else needs to be taken into account for example are:
1. Are these measured resources, indicated or inferred resources?
2. Grade - in relation to open pittable or underground mining different grades are economic or not economic.
3. Metallurgy etc.
4. Does the company have 100% of future potential profits belonging to the company or do other companies get a cut - eg. maybe just based on production and not profits.
5. Political risk. Bolivia, apart from having a more onerous tax regime, will rate on a different scale to Australia.
BIG Price at posting:
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