Average depth is 29m. You don't think they will dig 29m to access the most valuable of REEs. These are high value, low cost metals. The in ground value of their MRE is about $15bn. That was from 18% of deposit. I think the upcoming scoping study will be very impressive, based on ionic comparative processing costs. Have a look at the comparisons with their peers in the latest presentation. Offtakes incoming I believe.
Ann: WORLD CLASS RATIOS OF DYSPROSIUM & TERBIUM 8.8KM FROM MRE, page-4
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