unfortunately based on a stand-alone result the copper grade is disappointing in isolation - unfortunately Esh was closer than others on this.... and has been valIdated by the market response.
however I understand that as you get closer to a porphery system with huge tonnage that infact this lower grade is typical. another factor is that whilst grade is important this needs to be put in context on the strip ratio .... and given so close to the surface looking at this grade in isolation is less relevanr
irrespective I stil do think that we will have a stand alone mine at Zackly eg 5mt reserve ... and the good gold grades will help here
Im long to the gills here ... and appreciate the bearish comments to provide devil advocate view
PXX Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held
