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I quickly reviewed the compliant study for Exeter at 0.46 g/T in order to justify a mine. We all know the resource size is huge > 30 MM oz available but as you can see this company has had a hard time finding a " suitor " for a mining project ?
I understand that 0.60 g/T is the breakeven point at $ 1400 / oz
Economics will drive this project ... best to see 1.0 g/T and higher