anyone worked out costs?, page-43

Hi Stoops

Sorry to annoy you again

A few points for your consideration

1) Pg 5, A density of 1.8 has been applied to all alluvium.

http://www.stocknessmonster.com/news-item?S=CUX&E=ASX&N=589836

2)lowest grade and the lowest insitu."

I'll clarify for you stoops

Charley Ck - Grade .03% and insitu($/t(MR))$16

http://www.techmetalsresearch.com/metrics-indices/tmr-advanced-rare-earth-projects-index/

3) Maybe you could direct me to the high grade areas Stoops,somewhere that is approximately 2 km Sq at .05%, enough to sustain the wet and dry plant for at least 5 yrs without relocation.

4)I did read Pg 18, it also states

"TREO Concentrate
Off-take"
"Potential for off-take agreements
to other REE producers"

Read my last post, I don't think this is profitable

5) costs had better be less than NTU. The basket price for NTU is twice that of CUX

I am waiting with relish Stoops for the scoping study.
I hope it is a good read and no mention of concentrate sales


Tonio