Hi there. Think yr confusing MREO with TREO.From their latest scoping studies Oct 24& Feb25. As you can also see the MREO recoveries are HIGHER than the TREO( Total rare earth oxides). My point being that MREO is what you need rather than the TREO. So for example as long as VMM and MEI produce a high quality MREC at an all in economical price then the project metrics are positive. With CRI , they all huge resources so tonnage is not the problem, it’s how to reduce that massive mass into a concentrate that you can process into a saleable product. CRI are in a leveraged position
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