CUX
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0.00% 0.6¢ crossland strategic metals ltd

i forgot to mention, total processing (wet & dry) has a recovery...

  1. ddzx
    28,706 Posts.
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    24/12/12
    08:35
    Post #: 11223351
    i forgot to mention, total processing (wet & dry) has a recovery of 53% (including 40% HREE recovery)

    1 tonne of ore mined at 289ppm produces 0.15kg of REE in concentrate, worth $8.70 pre-discounting or $3.48 with 60% discount

    yet the wet processing alone costs $4/kg

    then how much for dry processing?

    it seems to be already running a loss with the wet processing

    CUX Price at posting: 3.7¢ Sentiment: None Disclosure: Not Held
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