While the Ann. boasted they had met the rather low grade 52% TREO specs for 2.6t of mixed carbonate the very low quantity together with extended timeline suggests they had to put it thru the process more than once, with associated costs.
The reference to the need for magnetic separation virtually confirms this, as usual, with no costings, economic parameters, zip.
Lombard St to a China orange we'll see no cost/price detail Dec QR, but all the usual fuzzy gloss, incl mandatory EV pic.
Ann: Variation to Loan Agreement, page-49
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