I like how they try to talk it down, calling it low grade at 5%.
Anyway, another reference point for our independent valuer, CXO recently sold a 15kt shipment of “low grade” ore of 1.4% for US$951 on a DSO basis.
Likely means our 5% concentrate is worth a a bit, wonder what the Independent valuer comes up with.
https://hotcopper.com.au/threads/ann-first-dso-shipment.7163361/
