Posted the U & Th ratings from the official EIS docs several times here and you still can't get it right, ARU is way, way out in front with total radiation levels directly compared to Ranger Uranium mine, why else is their capital intensity off the scale, CapEx well over $1Bn for a very simple LRE process at medium scale. Do you ever try to think these things thru, or simply too infatuated in the glossies?
What don't you understand re handling, processing & storing radioactive material costs money, both CapEx & OpEx money, and lots of it. Do you understand the waste gas process off the kiln??? Waste water from leaching??? Physical handling & LT storage of residues??? All going to cost you BIG bucks, the higher the radiation the bigger the bucks, and cross yer fingers it actually works consistently to spec.
Here, file this somewhere, save you posting nonsense repetitively:
"Hastings Technology Metals Limited (Hastings) is proposing to develop the Yangibana Rare Earths Project ................................ The ore contains elevated naturally occurring uranium and thorium at reported average concentrations of 27ppm and 450ppm respectively."
"The Rare Earth ores at Mt Weld contain very low levels of thorium (Th) and uranium (U) and therefore, there are very low levels of naturally occurring radiation present in the tailings. The tailings solids contain approximately 500 ppm ThO2 and 30 ppm U3O8, which is equivalent to a radiation specific activity of 2 Bq/g. This is lower than the ore which contains on an average 750 ppm ThO2 and 30 ppm of U3O8 which is equivalent to a radiation specific activity of 3 Bq/g. The tailings onsite at Mt Weld are classified as benign and non-hazardous."
Again nothing like your silly, made up numbers and way, way less than the massive 2700ppm at Nolans, starkly illustrates the reality Arafura had NO choice but to try and manage the "uranium mine" levels of radiation on site given the massive costs of radiological management would only skyrocket offsite.
Do you have any idea of how that impacts economics, transporting reagents to the Never Never, quality employees, plant, equipment, etc, all at elevated cost, once again, looks very "punt 'n pray", with a heavy dose of made up numbers to try and feel better.
ARU Price at posting:
21.0¢ Sentiment: Sell Disclosure: Not Held
(20min delay)