the board is a disgrace - open letter, page-48

You are making assumptions about the economics of the metallurgy for which we don't have the answers yet.

I speculate that the deposit will still stand up whether the LREEs are pulled out as credits or not. But I suspect at least some of them will. However, Nd is critical. The massive wind energy investments in north Asia assures its future unless an alternative component to high powered magnets is found.

Nd occurs mainly in association with LREE's. There isn't a lot of other supply options. As for Eu, it is also critical and due to very high price and ongoing forecast demand it adds favourably to Ngualla's potential.

Legs, you've got yourself caught up in this LREE vs HREE furphy, which is very simplistic and doesn't account for all the economic factors of these deposits. If it is worth isolating the LREE's as secondary products from Ngualla ore then obviously they will be.