Is it time for Care and Maintenance?, page-25

Very simple equation, that can't be corrupted by any amount of gobbledygook, the lower the grade the higher the cost of extraction (if only by mass that needs to be processed), the greater the vulnerability to mkt price.

Clearly the process designed here is way too skinny to make anything like the recoveries necessary to meet the specs on a bare 52% con, nearly 60% of which is Yttrium anyway.

So now they are promoting extra costs and delays to add magnetic separation on a wing and a prayer to make the 52%, that's not remotely economic in anyone's fantasy to start with.

Anyone promoting a Buy scenario here really should look at a managed fund.