re: Ann: FUNDING AGREEMENT FOR REE PROJECT EX...
"harder to believe a 0.03%REO (300ppm) project can be successful. 3% could be possible, not 0.03%"
it can be successfull at a lower grade because the company can achieve a low mass pull by utilising a low CAPEX , low OPEX HMS at the front end of its process circuit similar to the method alluvial gold/silver/cassiterite miners are able to mine very low grade resources with a drott and a trommel and sluice and still turn coin.
CUX Price at posting:
3.3¢ Sentiment: None Disclosure: Held
