big on heavy re, low on projected costs, page-22

Ausheds

i fixed NTU for you, which remains higher than HAS

however, i am point to the miniscule ppm of CUX, which has 30x lower yttrium & 30x lower dysprosium grade than HAS, 2x lower zirconium than HAS and 4x lower than ALK

these are miniscule grades to be compensated by low cost alluvial sandmining techniques

i think instead of focusing on a larger JORC, as Stoops is hoping for, CUX need to find zones of higher grade

in my recollection, sandminers are generally mining at least 2% heavy metal, with a low grade project like GUN at 1.3% heavy mental, 66% recoverable.

yet CUX have 0.8% zirc + REE, of which 53% of the TREO, including 40% of the HREE, is recoverable

regards