VTM 1st met work had 51% TREO recoveries. VMM and MEI scoping studies on more advanced met studies are at 57 and 54% recoveries. TREO recoveries are only guidance as LA , Ce are worthless and comprise the majority of the TREO In deposits around the world.It’s the MREO you need to know. And what’s really important is can a high grade (>45%) MREC be produced ( ^basket price), and the cost to get to that MREC. Along the way there’s many met strategies ( VTM are 2 years in studies). That said , it seems’ CRI haven’t organised well. And atm we don’t have any idea at what met position Jupiter is at except the January announcement. I’d like guidance on not really the TREO recoveries, but what the MREO recoveries are.
CRI Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held
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