DY6 0.00% 6.0¢ dy6 metals ltd

Hello. The point is it might be worthless. Why did it take DY6...

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  1. 4,161 Posts.
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    Hello. The point is it might be worthless. Why did it take DY6 12 months to announce these 2014 drill results? Tundulu was mentioned in DY6's prospectus of 27/6/23. Regardless, there is a similar project called Songwe (similar rocks; the principal REE-bearing minerals are synchysite and apatite, with minor florencite.; similar grade 1.41%), where its DFS in 2002 had operating costs of US$25.31/kg. Looks uneconomic at current REE prices.

    https://minedocs.com/22/Songwe_Hill-TR-070121022.pdf
    https://openjicareport.jica.go.jp/pdf/10659589_02.pdf
    https://mkango.ca/site/assets/files/4986/20240523_mkango_corporate_presentation_website.pdf

    Good luck with it. Bye.


    Last edited by GKeden: 28/05/24
 
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