Not sure your interpretation is correct here.
1) Why do you say these are low recoveries? Compared to what? They recovered 60/64% of the NdPr which is over half the value per kg comes from. DyTb is 59/54 and close enough. This was the scenario we discussed, 60%. The low recoveries are for Ce which is worthless and junk..
2) These are accurate prices from weeks ago, they are higher than the current price and favour the viability of VMS. Can you provide a basket price for VMS as I have shown here? You've just thrown around $110 bucks (of what? oxide?)
3) You keep mentioning the host material. Why do you think loam and lightly weathered are favourable for economic extraction? What are you basing this on? Who is extracting using this method without screening, roasting and acid leaching?
Ann: 8m @ 5,716ppm TREO- Jupiter Drilling Continues to Outperform, page-79
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