I am becoming confused by the conversation on hotcopper.
The calculation seems far simpler, than what is being discussed. However, attaching numbers to the variables below seems the main issue.
There are four variables:
- mined dirt expressed in total tonnage
- constitute rare earth materials, expressed as a decimal, per tonne of dirt
- extraction cost + other costs
- price received by IXR
Total Revenue = (total dirt containing rare earths x rare earths constitute expressed in decimal) x price of rare earths paid to IXR
Gross Profit = Total Revenue minus Total Cost (extraction costs + other costs)
For example, lets assume that:
Total Revenue = 78,000,000 tonnes x 0.000810 (REE 810 ppm equates to 0.081%)
= 63,180,000 kg (63,180 tonnes) x USD 35/kg = USD 2,211,300,000
Total Cost = tonnage x (extraction cost + other costs),
= 78,000,000 tonnes x USD 10 / tonne = USD 780,000,000 + USD 30,000,000 (rare earth plant plant)
Gross Profit = USD 2,211,300,000 minus USD 810,000,000
Gross Profit = USD 1,401,300,000
My questions are:
- What is the percentage of rare earth material per tonne of dirt? That is, is it the aggregation of all the rare earth elements?
- What is the cost of extraction and other costs for each tonne of dirt mined?
- What is the total price received per kg by IXR?
Bos
- Forums
- ASX - By Stock
- IXR
- Ann: Good Metallurgical Results from Makuutu Eastern Zone
Ann: Good Metallurgical Results from Makuutu Eastern Zone, page-68
-
- There are more pages in this discussion • 101 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IXR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.08M |
Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.7¢ | $19.32K | 2.510M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 7762969 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 2993025 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 7702969 | 0.007 |
25 | 16683102 | 0.006 |
73 | 27779840 | 0.005 |
24 | 11368214 | 0.004 |
16 | 16615664 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 2993025 | 16 |
0.009 | 6479398 | 12 |
0.010 | 6583399 | 11 |
0.011 | 3039693 | 5 |
0.012 | 2551749 | 5 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
Featured News
IXR (ASX) Chart |