rare earth basket price $99.40 =$10b value, page-3

Thanks blacksheepnz,

It's a bit funny because I spent quite a few hours yesterday writing up an Excel spreadsheet to try to work out the basket price, and then I realised that GBM had already provided to info needed ...Just had to read the report properly! (actually there is nowhere to obtain live rare earth pricing
with out paying for it it seems)

No offence to my mates on the previous thread, I just thought that the basket price implications deserved their own thread.

It is also really interesting to see the effect of being able to use a cut-off grade or 300ppm ...it increased the tonnage 50%. Beneficiation will improve with testing and this will be an exciting development I think.

The other areas of interest in the near future should be the grades from current drilling. I'm sure we will see updates regarding this.

If anyone has some ball park figures on mining costs & flotation infrastructure/gravity circuits to throw around that would be very interesting.

It's also very positive that Milo is right on the Barkly and so close to Cloncurry/Mt Isa.

I wonder if we have checked Tiger results for rare earths?

Cheers all,

Thanks blacksheepnz,

It's a bit funny because I spent quite a few hours yesterday writing up an Excel spreadsheet to try to work out the basket price, and then I realised that GBM had already provided to info needed ...Just had to read the report properly! (actually there is nowhere to obtain live rare earth pricing
with out paying for it it seems)

No offence to my mates on the previous thread, I just thought that the basket price implications deserved their own thread.

It is also really interesting to see the effect of being able to use a cut-off grade or 300ppm ...it increased the tonnage 50%. Beneficiation will improve with testing and this will be an exciting development I think.

The other areas of interest in the near future should be the grades from current drilling. I'm sure we will see updates regarding this.

If anyone has some ball park figures on mining costs & flotation infrastructure/gravity circuits to throw around that would be very interesting.

It's also very positive that Milo is right on the Barkly and so close to Cloncurry/Mt Isa.

I wonder if we have checked Tiger cores for rare-earths?

Cheers all,

sirjohnnyboy ...my ramblings are all my humble opinion, please DYOR.

spj377645 at yahoo.com.au

GBZOA GGPO MGK