So what were the estimates for Mace before the announcement? I think Pints had 100k and enough profit to pay for the mining plant. What happened to the 5 g/pt?
Well here we are with a Friday afternoon release which pretty much means that you don't even have to read the release and just assume it's a stinker. It goes past a stinker though. 20k INFERRED and at a 0.1 cutoff which isn't far away from the low grade stockpiles Esh keeps reminding us of being fed into the mill.
1.4 g/pt is worse than the main deposit.
But hey when reality differs from the expectations you've been dreaming about i'll leave you a couple of Esh quotes to keep you all on the bandwagon.
"The mining cost will be practically zero..."
"Say the real grade is 5 or 6 times higher than the grade estimated in the infered resource..."
There you go 1.4 g/pt becomes 5+ g/pt and instantly we get to 100k and perhaps it will pay for the plant as well. Sleep tight Esh and remember "dreams are free".