Just came across BPL acquiring this project today and was quite interested to read through..but ouch....grades.... There is nothing wrong with being interested in REE, especially in the USA...but those grades are terrible. The concern with a low grade deposit even if its close to surface like this one is the profitability of actually mining for it.
It's one thing to jump on the rare earth train but I can't understand this acquisition given the numbers.
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- Ann: La Paz Rare Earth Project Acquisition Update
Ann: La Paz Rare Earth Project Acquisition Update, page-31
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