Amigo, glad that took the time to investigate ARR's SS. From the start, @2ic, you present a table from the presentation, which lacks the footnotes (see copy below). That makes me go Mmmmmm. You can see that Footnote 1 states: "Following low-cost extraction and beneficiation and increase in grade following the JORC update. See ASX announcement 7 February 2024". There is nothing hidden in that table. I do not know much about Mountain Pass's processes other than it makes a concentrate and sends it to China for processing. Your doubt about WHIMPS is not too worrying because density separation is the more important method that ARR has reported it will be using to concentrate the rare earths, as far as I understand. Also, I think any mining engineer would prefer to work with standard air pressure leach than cracking minerals with a 600 degree pressure cooker, even if the scale is bigger. I'll leave it that.
ARR Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held
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