Time to breakout, page-1054

Even at 0.37% grade - they still get about 8lb per tonne. at $15 per lb that's $120. With a massive resource, near surface and a 99%+purity product (read: easier logistics to port) KRC has every chance of being economic. Still - their costs are bound to be higher due to the grade and their processing route using caustic leach-ammonium chloride. TMT is simply salt roast.

Once you get to a certain point - resource size doesn't matter so much. Its no help if it stays in the ground for 50y. Grade, processing, logistics.. capex / opex

I believe TMT can make this. I think AVL & KRC will too - but TMT will get there first. and if we can get past this low mc to reduce dilution - all the better