WA1 10.8% $17.27 wa1 resources ltd

"At the disclosed Met results this would produce 1Mt of Nb...

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    "At the disclosed Met results this would produce 1Mt of Nb concentrate which would produce 1Mt of FeNb (65)"

    Is that right? 1 to 1 conversion rate? ie 100 nb convert to 1(65) FeNb?
    Where do the other 35% of Nb go?
 
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