You still do not understand the absurdity of using "Basket Values"; for the umpteenth time they are not a Metric !
Try comparing Makuutu's actual head grades of 3ppm Tb and 23ppm Dy against Longonjo's grades of 20ppm Tb and 100ppm Dy;
Then consider Makuutu's joke recoveries of (what were they at Ph2 ?~ 35% compared to Longonjo's of +65%
However, the main value of LJ is in its NdPr grade of around 3,000ppm against ~ 180ppm at MK; again it gets worse when you dial in Recoveries.
Which is why Longonjo is a Mine currently in construction and receiving grants from the MSP, while Makuutu still remains just DIRT in mothballs.
You still do not understand the absurdity of using "Basket...
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Last
2.1¢ |
Change
-0.002(8.70%) |
Mkt cap ! $113.9M | |||
| Open | High | Low | Value | Volume |
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