What a shocker... opex up ~37%, mining/processing costs up ~50%, 20% increase in TREO brought in by 25% increase in Reserve tonnes at lower grade (Indicated to Probable category). Margin and NPV Highly sensitive to product price assumptions. so of course if you assume LOM 2023 Real basket price of US$71.3/kg TREO (ie about $177/kg NdPr-Ox) then you can paper over those cracks
What a shocker... opex up ~37%, mining/processing costs up ~50%,...
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