The resource stacks up reasonably well if only on grade. If it got going tomorrow it would have the second-highest resource grade globally for an operating open-cut, after Glencore's Kamoto in the Congo (http://www.mining.com/the-worlds-top-10-highest-grade-copper-mines/).
In terms of size, yes I think it actually needs to get to 5 million tonnes as per their Exploration Target (that was actually the lower boundary I quoted above: the Target was 5-10 million tonnes at 2.5% to 4%). The nearest equivalent I can think of is Peel's Mallee Bull underground project which is 3.9 million tonnes at 2.3% Cu (+ minor gold and silver), and that hasn't been able to attract financing to develop either, as yet.
Spring is just a few weeks away.., page-17
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