Just a few calculations:
Alkanes costs for gold mining is $1200-$1300 (stripping overburden) and gets $1690, so a $390 ~$490 return.
IRR gold is approx 30% from calculations, DZP is 17.7% but revenue will go up to about $70million a year including both these revenue sources. Alkanes forward gold costs are predicted to fall to $1000 for an ounce of gold produced in the future.
Golds price is rising and China has been holding down REE prices to stop competition, both of these things will be changing for the positive in the future. China doesn't have enough REE to satisfy the worlds needs.
Alkane are conservative with estimates, they should get better prices for product as the consumers realises the looming shortages.
CONFUSED
ALkane Action, page-197
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