BCM brazilian critical minerals limited

Thanks for your views and input.There is no denying that MEI's...

  1. 2,544 Posts.
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    Thanks for your views and input.
    There is no denying that MEI's find is shaping up to be spectacular-perhaps the best in the world for REEs- so any other find would have to be spectatcular to be anywhere as good based on the data points as presented.It is highly likely to proceed as an economic mine.
    We presume that you added the labels on your last chart such as "incredible" and "rubbish" in an attempt to embellish your case.....not very scientific at best and attempt to mislead at worse.

    We don't know how much the MEI data has been cherry-picked.Many companies fail to report their poor or barren holes.RXL is a classic and the punter there would benefit from your analysis if you really want to get your teeth into some interesting reports.


    And now BCM.
    Although the grades are not as good this does not mean that it will be uneconomic,particularly as BCM is only in the early days of a greenfields discovery.
    The recent data points added by Middy show what many would regard as acceptible grades with good recovery.

    remember that we are dealing with ionic clay deposits where the operations are much less capital intensive meaning that lower grades can be economic.
    Its a basic logic fault to say that because MEIs results are so good that BCM will be uneconomic.One can say that it is less likely to be economic all other things being equal- but nuanced thinking is not your strong suite.

    Now out of left field,if we look at the situation with Lithium Brines, each brine has its own characteristics and have to be tailored to the available resins.Some lithium brines give the best extraction results with lower concentraion brines due to the rapid saturation of the IX columns and contaminants- so its not "all over red rover" until the lab results can be reduplicated with a decent pilot plant trial....which by the way is where BCM is up to with the bioleaching with PGMs.

    The Australian experience with REE brines is limited and ANSTO is learning as it goes,so its wise not to jump to conclusions.It seems that you accept the MEI results without any skepticism but unwilling to give BCM any chance whatsover.
 
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