I agree. Nothing is 100% certain. But everything is looking good.
Based off Avalons feasibility study, the cost per kg of product came out to be $5.93. Now keep in mind VML's process is more cost effective and a highly efficient process. Additionally, that study was based off 1.7% TREO. Almost all of our grades are above >2%, with some areas significantly higher than this - up to 13%.
Ann: Vital Achieves Formal Acceptance of Rare Earth Product, page-16
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