REE 4.00% 1.2¢ rarex limited

Ann: Trading Halt, page-20

  1. 2,783 Posts.
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    Yes KIR I posted earlier on how the fresh ( not oxide or trans) was grading, so where there’s 1m sections with up to 15% monazite you could expect TREO assay to be even 10-20%, but of course it’s about economics of mining ,so it’s what the other uneconomic material between the good stuff ….
    The geometry as they’ve stated previously needs a bit of working out, ( foliation etc) but if they’ve hit a good sections of massive fresh monazite in the last holes for eg it’d be a good reason for a TH, and from what they got from hole 7 (the deepest reported so far ) the proportion of Nd/Pr was 24%
    I’m also not naive to the influence of AGM and Cosmos listing as well ha ha.. Let’s see how it swings.
 
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