Yes they may come up with a process that rejects the U & Th, and a way to bury it without it leaching out ~ would not hold my breath on that !
You do realize that the only reason that they could legally call this "Ore" is that the Resource was estimated in late 2011; at which time the Prices for Rare Earths were 10 times higher than today's prices ?
Under today's Prices, most of this 'Ore' would have to be classified as 'marginal' or 'waste/overburden' as @ $3/t it is unlikely to cover its Mining AND Processing cost ~ So Amigo, I sure hope the deeper stuff is of a significantly high grade, as looks like it may have to support a high Strip Ratio ? IMO You might have hit on a solution, ie try to find a High grade lower tonnage source to this extensive lateral deposit ?
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LaPAZ Rare Earth Minerals- Maiden Resource Estimate, page-46
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Last
34.5¢ |
Change
0.055(19.0%) |
Mkt cap ! $175.0M |
Open | High | Low | Value | Volume |
29.5¢ | 34.5¢ | 29.5¢ | $1.700M | 5.267M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 34.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.5¢ | 72610 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 52309 | 0.375 |
1 | 100000 | 0.365 |
5 | 36973 | 0.360 |
1 | 90140 | 0.355 |
3 | 50001 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 3000 | 2 |
0.345 | 8000 | 1 |
0.350 | 47098 | 6 |
0.355 | 56169 | 3 |
0.360 | 146400 | 5 |
Last trade - 16.10pm 15/07/2025 (20 minute delay) ? |
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Shanthar Pathmanathan, MD
Shanthar Pathmanathan
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