KMN 4.00% 12.0¢ kings minerals nl

rhenium assay results, page-2

  1. 224 Posts.
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    I could be wrong but I did work out the contribution of Rhenium to the overall project.
    Based on the mentioned price of US$4700/ lb for Rhenium, each gram of Rhenium will contribute about US$11/tonne.
    At 1.6g/tonne, we are looking at US$17.60/tonne for the whole project.
    For ease of working, the total tonnage is approx.50M tonne and hence the insitu value of Rhenium is about US$880m.
 
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