for a large tonnage deposit you need 30-40m thick intersections...

for a large tonnage deposit you need 30-40m thick intersections

only large tonnage deposits are economic to extract at the namibian average grade.

this is why wme has fallen. It is only getting 66% hit rate and only 1 or 2 decent hits, but all are under 10m intersection width.

Also forsys metals(FSY in canada) fell over 50% in the past month due to its poor pre feasibility studies due to lower grade. It owns the valencia deposit in canada. do some research.on that issue. So the sector is suffering as well. i mean look at bannerman it has been clobbered 25% in the past month, and is trading below placement too.