Next we look at the deposits
PEK
Ore Reserves: 18.5Mt grading 4.80% REO for 887kt REO
Mineral Resources: 214.4Mt grading 2.15% REO for 4.61Mt REO
Mining: Open Pit with low strip ratio of 1.77
ROM Throughput: 800ktpa dry ore
Annual Production: 37.2ktpa of concentrate (45% TREO grade)
Life of Mine: +20 years (covering only Ore Reserves)
They havent drilled anymore because they have already defined 20 years of reserves.
What do we know about KANGANKUNDE from Lynas's investigations.
107kT of REO @4.5%
Spot the difference.
Yet we are told...
"Potential for LIN to be rerated"
By uprampers.
Please do be careful of believing holders who publish fasle narratives for self profits
Lin Versus Peers, page-7
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Mkt cap ! $132.5M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
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| 6 | 602753 | 11.0¢ |
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| Price($) | Vol. | No. |
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| 11.5¢ | 5000 | 1 |
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