Good Grief, I've caught something from ltl! No it can't be so, but it is! LOL. Silly me.
I don't think I need luck. I think what I am saying is confirming page 5 of the Crossland Investor presentation where it states:
'Wet plant concentrate (HMC) grades that are 2%-12% TREO before the mine gate, grades that are comparable to leading hard rock REE projects, but at a much lower cost per tonne of ore;'
The question is not one of lower costs but one of the degree of the lower costs which will be determined by the 'scoping' study. If the scoping study shows that the costs of extraction of the elements such as Dy are lower from CUX's aluvium resource than any hard rock resource then that will be a real advantage to CUX.
Quantaties will basically be only limited to demand, as supply is not in question.
Cheers
Merry Xmas to all!
CUX Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held