MTM 10.3% 2.6¢ mtm critical metals limited

MTM - Niobium Grades of up to 36% at recently acquired project, page-22

  1. 233 Posts.
    lightbulb Created with Sketch. 34
    Yeah, that states that the individual euxinite crystals are up to 36% niobium. The deposit is not 100% euxinite, so don't go thinking the deposit is 36 weight percent niobium. Its like saying spodumene is 8% lithium oxide, making a lithium deposit 8% lithium or that a good nugget is 95% gold so a gold deposit is 95% gold. It doesn't work like that. It's bad armchair geology. Don't get me wrong, I hope that one day I break even on this mess of a company.
    Last edited by Maoam: 29/12/23
 
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