"With the niobium, if we assumed 53.5% recovery (very conservative) there's around 1mt of nb205."
Not quite true @Naydoe, the 1Mt of Nb2O5 you are quoting is actually concentrate (58% Nb2O5). 1Mt x 58% = 580Kt Nb2O5.
When determining value it is much clearer to quote FeNb equivalents. 1 ton Nb205 concentrate = 1 ton FeNb approx. (.97 ton)
It should also be noted that WA1's met results were based on a sample feed of 4.15% Nb2O5 not 1%, recovery would be expected to decline with grade.
Glad to see you input and your increasing knowledge of your investment, your figures are a bit dodgy but at least your having a go, unlike the cheer squad.
General discussion, page-12231
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