MEI MREC has 57.3% TREO and 2% impurities. An in spec product that in all likelihood is saleable.
VTM MREC has 12.5% TREO and approx. 7% impurities (not specifically stated by VTM but estimated by a met colleague from VTM's data). Out of spec material requiring a lot more work.
In my experience, when rare earth companies present a basket price for all 15 REEs as the basis for their product valuation, when the reality is they'll only get paid for 4 of the REEs subject to the product being in spec, they've got something to hide.
MEI MREC has 57.3% TREO and 2% impurities. An in spec product...
Add VTM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
24.0¢ |
Change
0.010(4.35%) |
Mkt cap ! $19.53M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.5¢ | 24.0¢ | $8.906K | 35.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1120 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 82491 | 1 |
View Market Depth
| Last trade - 13.47pm 07/05/2024 (20 minute delay) ? |
|
|||||
|
Last
24.0¢ |
Change
0.010 ( 2.13 %) |
||||
| Open | High | Low | Volume | ||
| 24.5¢ | 25.5¢ | 24.0¢ | 30283 | ||
| Last updated 13.47pm 07/05/2024 ? | |||||
| VTM (ASX) Chart |