AR3 4.76% 11.0¢ australian rare earths limited

Can someone explain to me how this compares to HAS resource...

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    Can someone explain to me how this compares to HAS resource wise, on one of the presentations AR3 mentions that the backset per price kg is better than HAS but with my rookie eyes, it seems that HAS has better grades. If any gurus on here can explain what the deal is it'd be really appreciated.
 
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