BCM 11.8% 1.5¢ brazilian critical minerals limited

Perhaps @Invest Egate should do a bit of background reading...

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    Perhaps @Invest Egate should do a bit of background reading before posting.

    From the MEI release of 8/12/23...

    https://hotcopper.com.au/data/attachments/6027/6027106-965095f39f05629b1dfc94c1ce57112e.jpg

    The the BCM release today...

    - samples analysed = 427
    - samples > 1,000 ppm TREO = 35 note that MEI uses a cut-off of 1,000 ppm
    - average grade of the 35 = 1,212 ppm TREO
    - average grade of the 35 = 300 ppm MREO
    - average grade of the 35 = 159 ppm MREO recovered to leach solution
    - average MREO recovery to leach solution = 53%

    Only 35 samples out of 427 make cut-off.
    Head grade of those which make cut-off is about 1/4 of MEI head grade
    MREO / TREO is roughly the same for BCM and MEI
    MREO recovery to leach is about 2/3 of that achieved by MEI.

    So what the bloody hell is there to celebrate?
 
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