Ann: Mining campaign completed on time, on budget and more tonnes, page-12

Beautiful illustration of the superficial.

Browns Range 0.63% TREO = 57,000t (x 57% Yttrium)

CLD 10.8% TREO = 1,071,000t
Duncan 4.7% TREO = 390,000t

Lynas pie chart drawn to scale wouldn't fit the page, or Browns Range would be a pin prick.

The huge joke here is Lynas already have 72kt above ground in stockpile @ 14.4% TREO = 10,368t REE, roughly 20% of NTU's entire "Probable" resource spread over 6 skinny, low grade patches, incl two expensive UG operations.


And how about Dy?

Browns Range 57,000t x 8.4% = 4788t

Duncan 390,000t x 1.27% = 4953t

and Duncan comes with 22.5% NdPr, do I need to explain that impact on economics, on top of grade?