Looking at the Crown deposits drill results it appears that Mt Weld has a twin sister and its not ugly
Category Mt Ta2O5 Nb2O5 TReO ZrO2 Fe2O3 P2O5 Y2O3 Al2O3 TiO2
Indicated 1.5 0.037 1.40 1.65 0.32 46.5 8.9 0.10 9.94 5.8
Inferred 36.2 0.024 1.06 1.14 0.30 42.6 8.0 0.09 11.3 3.9
Total 37.7 0.024 1.07 1.16 0.30 42.8 8.0 0.09 11.3 4.0
Mt = million tonnes, other figures are percentages. Ta2O5 tantalum oxide, Nb2O5 niobium oxide, TReO rare
earth oxide, ZrO2 zirconia, Fe2O3 iron oxide, P2O5 phosphate, Y2O3 yttria, Al2O3 alumina, TiO2 titanium oxide
Assuming a modest 1,000,000 ton per year operation.
The Treo revenues alone would be
1,000,000 t x 1.16 % = 11,600 tons
assuming that the basket price is the same as the rest of Lynas' resource at Mt Weld then you are looking at $118 Kg
11,600 tons x 1000kg = 11,600,000 Kg x $118 =
$1,368,800,000
There are also additional potential revenues from
Ta2O5 240000 kg x $ 100 kg = $ 24,000,000
Nb2O5 10,700,000 kg x $ 50 kg = $535,000,000
Zro2 3,000 t x $3000 t = $ 9,000,000
Fe2O3 428,000 t x $ 140 t = $ 59,920,000
P2O5 80,000 t x $ 100 t = $ 8,000,000
Y2O3 900 t x $ 10 kg = $ 9,000,000
Al2O3 113,000 t x $ 250 t = $ 28,250,000
TiO2 40,000 t x $3000 t = $120,000,000
---------------
$ 793,170,000
So potential revenues of $ 2,161,970,000
That is per year for a mine life of 37.7 years and that is only a fraction of the potential of this mine
Maybe NC doesn't just want to be a millionaire
If he can swing this deal he will die a multi billionaire with a smile on his face while we will have egg on ours
VOTE NO
- Forums
- ASX - By Stock
- LYC
- mt welds twin sister
mt welds twin sister
-
- There are more pages in this discussion • 143 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
|
|||||
Last
$6.80 |
Change
-0.100(1.45%) |
Mkt cap ! $6.356B |
Open | High | Low | Value | Volume |
$6.78 | $6.80 | $6.69 | $13.60M | 2.014M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 13933 | $6.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.80 | 1389 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5667 | 6.780 |
2 | 6500 | 6.750 |
1 | 3000 | 6.730 |
2 | 3200 | 6.720 |
2 | 4480 | 6.700 |
Price($) | Vol. | No. |
---|---|---|
6.800 | 200 | 1 |
6.820 | 383 | 1 |
6.880 | 5000 | 1 |
6.890 | 1550 | 1 |
6.900 | 23748 | 7 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
LYC (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online