When Noront first discovered they had chromite, they talked about sellng lump ore because the grades were so high and the cr/fe ratio was very good. They originally thought they would just mine and crush the ore and sell to smelters which would mean they would not have to deal with huge infrastructure costs, huge power requirements and water/environmental needs. If they were competitive, the lump ore would be a tidy subsidiary cashflow and income. The price for lump ore increases when the grades get over 30%. In this release we are looking at 42 and 43%. I can't find the current price but I did find an old reference to 35% ore selling for $250 per tonne. There are many vendors so the practise of selling lump ore is obviously a common one. Noront just has to be competitively priced and have a high quality product

Now in the release yesterday, we see this new chromite is at about 600m down. Wes says it is significant that this deposit is in close proximity to Eagles nest, close enough that it can be mined using the same infrastructure. I will draw your attention to Hole 70 in Eagles Nest that at around the same approximate depth of 550m hit 22.8m of 4.41% Ni, 2.38% Cu, 28.07gpt Pt, 7.95gpt of Pd.

For the life of me, I can't see why anyone would not recognise the value of this deposit or the value of the proximity of the new chromite.