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Ann: High-Grade REE Discovery, page-54

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w1londongroup

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20/12/23

14:53

Post #: 71550587
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Originally posted by Suni: ↑

I am stating the obvious here but you clearly know nothing about clay REE's which is dangerous because the topic is so complex.

How have you determined the grade is economic? Disclosed PPM determines whether it is economic or not? Here is a very quick run through to bring you back to earth and hopefully save you some money.

- Whether the grade is economic or not is tied in with the basket value of the clay combined with the recovery levels and costs inna nut shell .. For example VTM is economic at 400ppm because the basket value is high and the recoveries are decent. OD6 the minimum economic grade is 1000ppm.

The basket value comprises of LREE and HREE. Most LREE have next to any value apart from the magnet Nd/Pr. The HREE such as Terbrium and Dy command a much higher value.

Every single clay project has a different basket value. Every single project has different levels of extraction and extraction costs.

Additionally other factors such as impurities come in to it which is mainly aluminium and iron. Both have negative effects on extraction. lastly clay deposits typically contain radioactive products which are expensive to dispose and have poor environmental credentials.

All SGQ has done is announce some average grades. With average basket value. No mention of all the other key factors.

Do yourself a favour and do some research. It takes a while to wrap your head around clay lee's to seperate the wheat from the chaff.

In my opinion tread wary. I would not put 1 cent in SGQ based on what has been released.

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lol. Considering that comment came directly from the company and not me would indicate they know nothing

SGQ Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
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Ann: High-Grade REE Discovery, page-54

The winners & losers on market if negative gearing were gone

The market's shrugged at China's stimulus measures all year. Why is this one different?

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

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Zeta Resources seeks to resolve the Panoramic takeover story

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4DMedical lands Philips US reseller deal with eye to Veterans Affairs' market post-lung damage

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

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Buyers (Bids)

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Ann: High-Grade REE Discovery, page-54

Top Stories

The winners & losers on market if negative gearing were gone

The market's shrugged at China's stimulus measures all year. Why is this one different?

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

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Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

4DMedical lands Philips US reseller deal with eye to Veterans Affairs' market post-lung damage

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News