39%-50%Nd/Pr is a ratio between Nr/Pr. It is wrong what you write. It is not what was announced by LNR. It is not a grade. What they have announced is 39%-50% NdPr:TREO. Note the ratio between NdPr between TREO. It can be written NdPr/TREO or The Nd and Pr content divided by the total REE. This means that if the TREO is low, the 39% to 50%NdPr is as useless as an ash tray on a motor bike. If it was 100%NdPr:TREO and the TREO was very low, it is a shit result. The TREO needs to be higher and the thicknesses of the units greater to enthuse this market.
LNR Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
