The Mozzies have some additional flexibility with bean counters due to the vanadium credits. So those comments about game breaking metallurgical costs with higher grades in schists/gneisses do not necessarily apply there. But I think that the over-riding theme with all the commentators, including many here, is that grade and tons are not king (for metamorphic graphite), and it is only some companies that are running with that promo.
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The Mozzies have some additional flexibility with bean counters...
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Peter Batten, MD
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