lol - we got sucked into the above fancy talk years ago
the bottom line is the Yeadon in-situ (in-the-ground) ore grade is 13% Al2O3, below, compared to say FYI which is 3.2 Mt @ 24.8% Al2O3 within 11.3 Mt @ 22.5% Al2O3.
the PUA PFS says it takes 89,352 tonnes of ore to produce 8,276 tonnes of HPA; the FYI PFS & DFS says it takes 50,000 tonnes of ore to produce 8,003 tonnes of HPA
compared to FYI, the PUA Yeadon deposit appears not "high grade"
in fact, in the old day, compared to ATC, the FYI deposit did not appear "high grade"
but these companies announced all sorts of fancy grade numbers that i found difficult to understand. that is why i said the bottom line is the PUA Yeadon deposit is 13% Al2O3
i was with ATC and FYI from day one. broke even on ATC after so many years of work in it (see my HC posts); made small profit on FYI due to small investments in it; lost that profit investing more heavily in the hype of PUA
a certain PUA person convinced me FYI would not make it so i sold my last PUA bought at about 3 cents for 6 cents
@donteatme
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