RE:HREO/TREO percentage
Moulouk wrote:
Just for your information, again from the IamGold presentation of 2012, there is a statistic on page 19 which is worth looking at, which is the percentage of HREO/TREO for different companies.
https://www.iamgold.com/files/HongKong2012REEPresentationFINAL.pdf
Here are the results:
IamGold: 1.88%
Avalon: 15.48%
Great Western: 3.7%
Geomega: 1.71%
MolyCorp: 0.46%
Lyna: 2.84%
Greenland: 11.80%
Obviously, we should have a ressource estimate update shortly (!!!), but it gives us a good idea of the HREO/TREO ratio at that time.
Moulouk
Thanks for that information Moulouk. I had not noticed those numbers before. It'll be interesting to see how much that precentage increases.......can we be competitive in the REE world? Can we make money with or without separation? Thats all the matters.The PEA will soon come....lets hope it shows strong numbers that wake the market. I don't care if these guys are selling dilddo batteries or rocket ships to the moon.......I just want them to show a potential big profit. If that can be proven in the PEA we might finally be on our way and no one will care less about past delays. T