How can anyone read that and miss the drop in cutoff? You didn't read it, did you? Insert silent moron.
OK the tailings reports TREO grade 7% - that's lower value LaCe, not magmetals NdPr or DyTb. It's a non-issue. Our new "Gal" is getting all upset and looking like a moron for a NOTHINGBURGER. Why the ignorant are so often arrogant is the question.
The cutoff is based on what they know it should be. What they know they can extract in the manner they do. Complaining again about a NOTHINGBURGER? Hardly!! This shows you that they have learned they can lower the cutoff; the number is based on their proven extraction which is now BETTER than it has ever been. Getting more from each and every barrel of oil is the expertise and advantage of Exxon. That's what Lynas team has done: Gotten more from every ton of ore. Cause for celebration NOT complaint!
Ann: 2024 Mineral Resource and Reserve Update, page-20
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