Further to the AFR article relating to Solgold, more data on grades.
Link:
Quote:
"Average copper ore grades have fallen 1.8% in the past 12 years to 0.59% in 2017 due to declining g r a d e s at some large, long life mines and new low-grade mines."
[Click embedded article to read]
2) With thanks to Senderos for the article, I also note the $1 billion mkt cap achieved which was a re-rate per Solgold*s data of other exploration miners etc. [Ref:Solg Corporate Presentation www.solgold.com.au ]
SOLG MRE, page-77
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