Perhaps @Invest Egate should do a bit of background reading before posting.
From the MEI release of 8/12/23...
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?
BCM Price at posting:
2.1¢ Sentiment: Sell Disclosure: Not Held
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