The monazite’s pretty well known hosting mineral ( eg Lynas) There won’t be any problems there. Low thorium in the resource is important as well.
I noticed previously difficulty with SD ( or SG) of the rock, and to be honest I was thinking they may find it problematic but seems it was finally resolved.This matters because the alteration carrying the TREO destroys the rock minerals making it lighter, but actually carrying the majority of the TREO. You don’t won’t to measure fresh rock - heavier but less TREO’s, because ASX may say please explain...
Seems the Sc will work out as well- 35% of the TREO basket value.
Seems maybe a bit more work on the Nb? It at depend on how widespread it is which will be keenly sort and add good value.
They can start with a cleaner slate on this resource now.
Ann: RAREX DELIVERS MAJOR RESOURCE UPGRADE AT CUMMINS RANGE, page-5
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