Yes good point. But I do think that Rox's high grade Deeps resource will be profitably mined.
See diagram below showing how a high grade resource (Penny) can drive profitability for RMS.
In terms of getting into production the overwhelmingly low grade open cut mines need huge plants with high Capex.
Look at DEG 10m ozs refractory and low grade needing $800m Capex and counting.
Rox can deliver good profits with a reactively small low Capex plant because it has an outstanding high grade resource.
Rox will not need a high Capex
Scoping Study in Q3, page-15
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