RE: RE: RE: Grading PLY has not actually planned to bring thier properties into production, so some of the specutation about what they might do moot. They want to sell their properties to producers who want to add to their resource base. In that regard grades are very important. For comparison check out Aii, NTC, Mlg and WOF. Aii is mining the Portugese resource and able to make money at low grade because of existing infrastructure and local incentives. MLG and WOF have mid-range grades and are struggling to fund production in a moderate cost environment. NTC is mining grades of ~ 1% with higher grades in the ground, but have high production costs.
PLY's resources would all be mid to high cost to develop, so the value of these properties has to considered in that light. There's no shortage of W resource properties, just a question of what the costs vs. resource base.