True price will ultimately be the market rate. Right now, this is in excess of $500 per tonne. The company will confirm soon.
Basic calculation on low production rates:
7000 tonnes X $500 = 3.5 million per month. This equates to circa 20 million per year profit and a 100 year mine life. The metrics here are crazy good especially when targeted output is more than 10 times these figures. That is 200 million profit over a 10 year mine life. Imminent update - happy days.
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