SGQ 4.00% 2.6¢ st george mining limited

Why would CBMM be interested in this deposit at all? The average...

  1. 9,155 Posts.
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    Why would CBMM be interested in this deposit at all? The average Niobium grade is 1% for the M&I of 6M tonnes of ore. (from Itafos's PEA).

    CBMM have processing in place for their 2.5% grade Niobium ore, they don't use 1% at all.

    They also don't collect any REE nor phosphate, so not only would they not be interested, they would have to change their processes for a relatively small amount of ore. Who even knows if their processes are appropriate for the ore that SGQ might have??
 
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