Rastus,
Lynas has already made that decision for Duncan 12 months ago making the decision to go with a far more expensive beneficiation process that discards the Ce in order to process a higher volume of the more expensive elements.
Peak are also proposing only a partial process of, from memory, about 40% of the ce at Ngualla.
Interesting one is the top four Dy deposits, the flavour of the month "HRE" companies, all contain around 50% Y which has just dropped under $13kg China domestic and looks destined for considerable oversupply and negative growth. Is Y the new Ce for the one trick ponies?
comsec have eps for ye 14 of 8 cents, page-22
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