VMM 7.29% 51.5¢ viridis mining and minerals limited

Ann: Globally Significant Maiden MRE for Colossus IAC Project, page-93

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  1. 4,014 Posts.
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    Hello. You should post the actual REE distributions of LYC vs MEI. Below we can see:

    1. LYC has 23% NdPr (i.e., 20,200ppm divided by REO 88,000ppm)

    2. MEI has 23% NdPr (i.e., 154 + 447 divided by 2,626)

    Both MEI & LYC are exactly the same in terms of Nd & Pr.

    1. LYC has 0.34% Dy

    2. MEI has 0.95% Dy

    So the MEI Dy is better than LYC yet both of these Dy grades are trifling and won't make much of a difference for MEI or VMM.



    https://hotcopper.com.au/data/attachments/6220/6220201-a08ced4fa34fb317339ef2db50101413.jpg
    https://hotcopper.com.au/data/attachments/6220/6220212-6f2b043040ecb409e4e808ccd1f98ab7.jpg

 
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