Yes they may come up with a process that rejects the U & Th, and a way to bury it without it leaching out ~ would not hold my breath on that !
You do realize that the only reason that they could legally call this "Ore" is that the Resource was estimated in late 2011; at which time the Prices for Rare Earths were 10 times higher than today's prices ?
Under today's Prices, most of this 'Ore' would have to be classified as 'marginal' or 'waste/overburden' as @ $3/t it is unlikely to cover its Mining AND Processing cost ~ So Amigo, I sure hope the deeper stuff is of a significantly high grade, as looks like it may have to support a high Strip Ratio ? IMO You might have hit on a solution, ie try to find a High grade lower tonnage source to this extensive lateral deposit ?
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LaPAZ Rare Earth Minerals- Maiden Resource Estimate, page-46
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Last
43.5¢ |
Change
0.090(26.1%) |
Mkt cap ! $220.7M |
Open | High | Low | Value | Volume |
37.0¢ | 43.5¢ | 37.0¢ | $3.213M | 7.822M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 43.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
43.5¢ | 96795 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.430 |
3 | 415612 | 0.420 |
1 | 5503 | 0.415 |
2 | 17789 | 0.410 |
4 | 33800 | 0.405 |
Price($) | Vol. | No. |
---|---|---|
0.435 | 96795 | 5 |
0.440 | 160723 | 7 |
0.445 | 63998 | 4 |
0.450 | 164832 | 14 |
0.455 | 5565 | 2 |
Last trade - 16.10pm 16/07/2025 (20 minute delay) ? |
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Iggy Tan, Executive Chairman
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