OK makes sense. So to put it into hard numbers, you would say "good" met could be 50-60% NdPr extraction using pH 4 ammonium sulphate at 2600 ppm head grade (MEI & VMM) to maybe (if you buy the story) 70-80% NdPr extraction using pH 1 sulphuric acid (not hydrochloric) at 1800 ppm head grade but with cheap heap leach style processing (RDM).
IMO, and interested in any thoughts, 80-90% extraction using pH 0 hydrochloric at 1500-2000 ppm head grade (OD6 & MRD) is bad met based on how the market has sold them down to sub $5m market caps.
Keen to see what AR has cooking in the met lab. If they have even say 20% of the material in the MEI/VMM pH 4 basket they could be on to a monster.
OK makes sense. So to put it into hard numbers, you would say...
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Last
2.7¢ |
Change
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Mkt cap ! $61.2M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.8¢ | 2.6¢ | $120.2K | 4.486M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 290000 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 2.7¢ | 1566237 | 4 |
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| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
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Change
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| Open | High | Low | Volume | ||
| 2.7¢ | 2.7¢ | 2.6¢ | 4138050 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| VMS (ASX) Chart |