-In-ground Value/ton=10*(Basket Price/kg)US$70.57/kg*
(Material Grade %) 3.44=US$2,428/ton
-Resource ton
if 14,000,000 ton(previous post of npv estimation)
-Nuglla Rare Earth in-ground value is
14,000,000 ton* US$ 2,428=US$ 33,992,000,000.00
Please somebody give us resource estimation backup for the 14,000,000 ton.
And why the production cost is about 10% of basket price?
in ground value of nuglla rare earth
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