Victory Metals (VTM) use a basket price of A $116kg in their investor presentation of 13 February 2024.
Given their project is in the geological vicinity of ASR so one would assume a similar basket price would be reasonable, this equates to an in-ground value of approx A$1.7 Billion for Asra's resource. Measured adds more credibility than purely inferred as well.
Ann: Asra declares Maiden MRE for Yttria REE Deposit, page-5
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