I suspect he/she is frantically trying to find a pessimistic angle to post a long drawn out essay from.
but Hopfully they reflect on this. I’ve tried to explain how their studies/development/mining perspective is not the end all be all for evaluating an early stage exploration project. They went on and on and on and on about how poor and uneconomic the results from C3 were just a few months ago. Now we have a 200% increase in grades and everything they said just looks stupid.
Warning to 2ic and people who may be persuaded by their nonsense : it’s still way too early to try to act like you can determine the economics of mangaroon REE deposits, because we still don’t know what’s there.
Ann: High-Grade Rare Earth & Niobium Zones at C3 & C5 - Mangaroon, page-29
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