Hi kozzie and Op Trader. Yes the whole debate about grades and how ggod a particular prospect is can only be answered in the long term by getting the BFS done and raising the capital and going ahead with getting the mine into operation.
If you listen to the Presentation fronted by Neb Zurcik the other day on BRR then you will hear him talk about it being a "low grade prospect".
He mentions that there are some intersections with very high grades (and a number of them are mentioned in one of the slides about resent recent drilling results) but that the overall deposit could be dscribed as "low-grade"
Now that has not put Neb off. After all John Kelly and Neb and a number of the RAU team are all too familiar with developing and working a "low-grade" deposit at Fosterville very successfully.
Amayapampa has the advantage of being in a low cost economy and if all things come together then it should prove to be very profitable.
I'm certainly banking on it being so.
BIG Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held
