MEI 4.55% 11.5¢ meteoric resources nl

Here's a link to Dylan Kelly of Terra Capital on the Money of...

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    Here's a link to Dylan Kelly of Terra Capital on the Money of Mine podcast, that may be worth a listen.
    He discusses why he sees good potential in Meteoric Resources.

    ~ Low Capital Intensity (only ~US$100 mln build + $13/t opex,)
    ~ Initial Test Work Positive + Strong Recoveries: NdPr > 60%.
    ~ Could potentially be an industry leader in conventional hard rock processing methods.
    . Flowsheet complexity is "almost agricultural" in terms of the steps required.
    . Only 3 or 4 stages of treatment to get a mixed carbonate solution.
    ~ Low levels of Amonium Nitrate reagents used + relatively rapid cycle times.
    ~ Weathering profile means most of the deleterious elements (Thorium and Uranium content) have already been washed away.

    https://youtu.be/5wSaGh4d_oc?t=4660

 
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