I would love to have the beer with you but I will attempt to make it quick. Maybe one day we will have the beer.
Yes, you can say more material will need to be processed for a tonne of resource at CUX than say nearly all the other Rare Earth resources but it is a matter of cost. The wet processing in field will not add much according to the company.
All I am trying to say is that the presented material to a chemical seperation plant will be of very high grade and it will be presented at a very low cost and that is what matters, possibly less than $200/ tonne of HMC.
I hope this helps. You are not wrong but I feel you may have underestimated the cost of developing a HMC from the CUX resource. I probably didn't explain it that well either. I hope this helps.
Cheers
CUX Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held
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