204 USm/ktpa NdPr for MEI (corrected for making MREC at 70% payability) vs 255 USm/ktpa for ARU. That's only a 20% difference and not in line with the consistent low-capex messaging Tunks has been repeating.
I appreciate them using the 40% discount to Adamas pricing, the NdPr pricing in that case in bang on that used for LIN, ARU, ASM, ILU so it makes for easy comparing of study outcomes. The full Adamas pricing as used by IXR is a pipe dream IMO.
@2ic any thoughts on the MEI scoping study?
MEI Scoping Study Discussion, page-20
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