Hey guys - just wondering what your guesstimates are for the JORC size and release date.
I've just been doing some quick research.
Based on a cost of $220 per MTU (1% of a tonne) for 65% grade WO3 concentrate, this equates to $22000 per tonne.
Watershed aims to produce 4000t, or $88m worth per year for 10 years.
There will be high costs for sure, but this sets up an encouraging P/E situation based on current MC.
resource estimate due soon, page-6
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