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2.4¢ brazilian critical minerals limited

I accidentally included the BCM data from Appendix 4 that has...

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Midnight26

7,445 Posts.

1991

17/03/24

14:54

Post #: 72928038
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Originally posted by Midnight26: ↑

I think I know why BCM is well and truly justified in using the term World Class in the title.

Something that's probably occurred to very few people (because there's not much evidence of any thinking on these threads) is that we're getting similar recoveries to MEI (using as an example) at much lower grades, so at higher grades our recoveries will be very high for the relatively moderate grades.

...so I charted the MEI and BCM data for clay only. We're getting 80% MREE recoveries at around 1,000ppm TREO which MEI aren't getting until around 8,000ppm. Obviously MEI are recovering more product so they're doing fine, but it bodes well for BCM's extraction efficiency and simpler process economics which have some excellent data to work with when the new met results come back from the HG ground.

I should add that I'm using MEI because it's an obvious local reference project for comparison - I'm not trying to talk down MEI's excellent project. It's not a competition.

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I accidentally included the BCM data from Appendix 4 that has data for holes that didn't get to the target saprolite horizon.

With that data removed the curve is steeper, so even higher recoveries vs. grade.

BCM Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
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