CUX is estimating, subject to confirmation of the scoping study,...

CUX is estimating, subject to confirmation of the scoping study, that total cost of extraction and wet procesing to be in the order of ~$4/tonne.

exactly which presentation is being referred to here????

anyway, wet processing has a total recovery of 68% (including 55% for HREE)

at 289ppm, 1 tonne will recover 0.18/kg of REE

at $4/t, cost is $4 per 0.18/kg or $20.35/kg

then there is the cost of the dry processing

CUX basket price is $58/kg

CUX may produce a 44% concentrate, for which they may receive 40% of the basket price for, due to heavy discounting

looks hopeless to me