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Ann: Outstanding Kangankunde Stage 1 Feasibility Study Results, page-123

  1. 146 Posts.
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    Thanks for the heads up! I went over it again and oh what do you know, the price used to get the callout EBIDTA of $83.1m and IRR of 80% is only $109USD/kg....

    If you understand basic principles of supply and demand, and have some awareness of the current and future REE project pipeline, you'll understand how unlikely a spot price of $109USD/kg is to be realised and serves to inflate the project's economics.

    Just an $11m EBIDTA on today's prices...


 
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