General Chat / Discussion, page-2106

I've got around 24 stocks with REO's in clay.

there's a number of facets which need to work in ones favour before they can be considered economical.

What I will say is every project can be worth the risk at the right price. however, many of those presenting these projects with a REO ppm level and inferring/assuming the economics will be similar to IXR should be done so with extreme caution.

I've mentioned on Twitter, you can squirt 1000ppm REO in clay with water and have 1000ppm REO left over. wow 100% recovery. such cheap processing methodology.

The absolute integral part of recovery is understanding how does it beneficiate. that is can I turn it from 1000ppm to 900,000ppm I.e 90% concentrate. And if I can do that can it be done cost effectively.

many of the recent results I've been tagged in do not have this implicit detail and that's ok, that test work still needs to be done. why the salt leach is important is due to the fact it gives true indication as to how much is ionic and whether it does infact beneficiate and precipitate. Salazars splinter once done this test and found that almost 0% of the REO leached under those conditions. yet with weak acid which is what's been recently presented by most the recoveries were good. yes the recoveries might be good but to what level did it concentrate, and in almost all circumstances no one is suggesting the have managed to produce a concentrate it's all still 1000-2000ppm.

if you recovery a 100% of the head grade and it's still 1000ppm it's worthless. If people start reporting 50%+ recoveries when producing a 90% concentrate now it's interesting. leach with salt and see what happens.

There's project with REO in clays in abundance. not much around with high portion in ionic nature. then talk grade, thickness, tonnage etc etc. that's what IXR has to offer. confirmation of what the have and studies underpinning the economics. now some downstream stuff and potentially near term revenues in magnet recycling.

A lot of hot air in the exploration phase of this sector. ixr IMHO will be like Lynas is to hard rock. often the project all others were benchmarked against and the one that is most advanced in its development.

hope everyone is well.

SF2TH