ARR 1.69% 29.0¢ american rare earths limited

Ann: 117% increase in Indicated Resource at La Paz, page-42

  1. 1,154 Posts.
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    I only turned up here after BlueSamari- BS for short- blatantly cross promoted on the Lynas thread. I'm invested in them and was mildly curious.
    Yes I was working in TREO, the industry standard, rather than TREE. No big deal as the difference is about 20 or 30% as I recall: in other words the oxides are about 75% metal by weight. Does very little to overcome the 50x grade difference with the serious deposits at Mt Weld and Mt Pass.
    Any competant observer can check the grades; I stand by the 50x difference in the ore grades compared to the genuine producers. That might be improved by a factor of up to 2 by the beneficiation as described in the last Q'ly. Still a miserable grade. I recall a pathetic "significantly greater than crustal composition" (sorry if I misquoted the detail) in the Q'ly. Really?? Better than the average rock?
    I can't be bothered to check the Th in your deposit. I suspect you have bugger all Th and bugger all NdPr to match. Yes, Lynas is getting some greif over their Th content in Malaysia. Even tho the by product isn't even classified as radioactive according to international law. The Kalgoolie processing will fix that.
    And rest assured, neither Mt Weld or Mt Pass are "deactivated"; between them they're producing about 30% of the planet's NdPr.
    Anyway I intend to reply to comments here on my posts then bugger off. Best of luck with your "investment".
    You really will need some.
 
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