SVM 2.59% 59.5¢ sovereign metals limited

Am i the insane one? Or am I? (SVM), page-2

  1. 2ic
    5,731 Posts.
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    "Even as a worst case scenario (If they got to build their own spurr lines etc) We are looking at no more than around $50 per ton to get this material out, concentrate it, then ship it."...hey? The Dec'21 scoping study, usually the most generous study costs before reality and independent experts loom over later stduies, just reported US$350/t product... logistics alone cost $51/t. Nobody is building rail spurs around the deposit area, not the 1900's any more, ICE motors and big trucks are all the rage now

    "If we are being unrealistic, the plants/machinery/infrastructure to do this will cost 2 billion dollars. And this is probably an extreme over estimation."... I'm going to stop right here. How about a bit of research and read the scoping study for a conceptual idea of what this project has to offer.
 
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