RE: Lift offDepending on drill assays - could go either way. If return similar drill assays then share price moving much higher. Regardless of PGM assays Mayville appears to host a high tonnage copper resource which is anticipated to be the "new gold" as strong demand for copper grows significantly on account of rapid economic development of Chindia (China + India). Byproduct credits of nickel, palladium, platinum and rhodium could sweeten the overall mix for profitable project economics.
For example, further discovery of Rhodium, even using the conservative base case scenario of 0.25 grams, 50% processing recovery, 70% smelter payable @ $2300 market price could cover a significant portion of the drilling, blasting, mining and milling costs.
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