It's a bit like saying a 3 bedroom house is worth the same regardless of where it is, what condition it is in, how much land is in the block etc.
I really do pity the poor souls who use EV/t resource valuations. To be frank they probably have no idea just how fickle their analysis is.
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Ann: Opuwo Cobalt Project Maiden JORC Mineral Resource, page-274
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