Yes. Open pittable - cover is from 0 - 100m. They already have a small resource at a 0.3% cut-off for open pit. Deposits have been completely exposed to surface at some point in history. Might be some supergene somewhere if they are lucky.
Could do with some EM, IMO. Further drilling will help them rerate. Bell Potter gives them from 19c - 52c in a 12 month projection. Should be achievable.
As for capex on developments for this style of mineralisation, my very rough rule of thumb is to allow $1B for every 500m t. But talk around that is very premature now.
Yes. Open pittable - cover is from 0 - 100m. They already have a...
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