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Serious Revenue from Ilmenite Ore Reserve

  1. whatsnext
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    05/08/22
    10:35
    Post #: 62939711

    Maiden Yarrabubba ilmenite (TiO2) Ore Reserve generates 1.13Mt of ilmenite over the life of mine, delivering a material additional revenue stream.

    By my calculation:-

    Potential total Ilmenite revenue ofA$419.2m:

    A$35.8mper year average:

    A$63.07Mper year peak:

    ( Based off TZM assessment pricing of US250-270 per tonne ) US$=A$70c. Serious opex savings when final numbers done ahead of development decision Q4.

    Last edited by whatsnext: 05/08/22
    TMT Price at posting: 39.0¢ Sentiment: Buy Disclosure: Held
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