MEI 0.00% 18.0¢ meteoric resources nl

Great post. Very misleading from ARR IMO. If ARR are saying...

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    Great post. Very misleading from ARR IMO. If ARR are saying grade 5% REO, then MEI can say grade 90% REO (their MREC product), then it's apples with apples.

    And I don't know how ARR claim low capex without a scoping study and with a flowsheet including:
    HPGR rolls
    SAG mill!
    DMS circuit
    Wet high intensity mag seperators (WHIMS)!
    a tank leach running 90 degC and 250 kg/t acid (strong acid), might need to be made of titanium for corrosion?

    Compare to MEI, dig, leach at pH 4 at ambient in carbon steel tanks and filter, completely different realm of CAPEX..

    Also ARR's met work is very thin on the ground, there isn't a single table of met results on the leaching in their announcements? Compare to MEI's huge data set, hard to compare with a company that don't share the full data..
 
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