It’s not 12/9, it’s actually 11/8, from what I’ve tested.
I’m using MC 1.7.10, Forge 10.13.4.1614, GT 6.14.11, NEI 1.0.5.120.
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NEI for Crucible Smelting only gives an approximate Value since there is no Nuggets for that kind of Size.
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The true ratio could be made a little clearer if the Crucible Smelting recipe list showed 8x Refined <Material> Ore resulting in 11x <Material> Ingots, though that has the downside of potentially misleading people into thinking that you have to smelt a minimum of 8 refined ores to get anything.
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