A good result if it was from surface or close to surface, but the fact it is from 100m really aint flash IMO.
If it we 60%+ fe and more of an outcropping ore body as opposed CID, then it would be different story.
The problem with such a deep CID is that the pit would need to be enormous as it would not only need to 200m+ deep, but its essentially in a "valley"....strip ratio would be crazy high IMO.
The fact the likes FMG and FMS have combined billions of tonnes (less deep) of this stuff in the immediate area suggests WFE's ore wont see the light of day in my lifetime IMO.
I hold CAZ for its Parker range project. The WFE holding is and will only ever be sideshow IMO.
Happy to hear others views.
cheers.
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