At these grades in PNG this deposit is going to stay in the ground. Move the cut-off up to a typical one in PNG - say 0.4 to 0.5% and most of the resource will dissappear. Also they have resource 850m below surface. No chance of removing this low-grade material at such depth. Even Escondida and Chiquicamata with head grades well above above 1% Cu don't mine this deep. Maximum 250-300m below surface should have been included in a resource.
take your profit and run
At these grades in PNG this deposit is going to stay in the...
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