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9.4¢ meteoric resources nl

Ann: Acquisition of Potential World Class Ionic Clay REE Project, page-276

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bizzo

2,927 Posts.

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02/01/23

15:56

Post #: 65499625
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Originally posted by ChinaSyndrome: ↑

Bizzo; It would be like trying to compare a Pineapple to a Johnny Smith ~ While Ionic Clays are far easier to extract they are also far lower in grade and composition to most of the Hard Rock deposits. The only meaningful comparison that would have any meaning would be Recoverable In-ground value and even that will be subject to variables that can affect the NPV.

Now please don't hold me to this but as we do not have enough data, but I suspect MEI will have an ISV of around US$45-50/t so could potentially have a PM of US$30/t ~ I have not checked lately as Amanda does not publish their raw Mining rates, but I suspect that LYC's PM is in the range US$100-200/t. Lastly the whole comparison process is skewed by how far down the Process route a Company decides to go, as margins are currently weighted by the Chinese in favor of the Magnet Manufacturers. Luckily by the time this Project gets into Production there should be at least a couple of Non-Chinese Refineries in Operation in the USA and UK.

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ChinaSyndrome
Very helpful

MEI Price at posting: 5.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 9.4¢		Change -0.011(10.5%)		Mkt cap ! $216.0M

Open	High	Low	Value	Volume
10.5¢	10.5¢	9.2¢	$1.038M	10.69M

Buyers (Bids)

No.	Vol.	Price($)
6	233441	9.4¢

Sellers (Offers)

Price($)	Vol.	No.
9.6¢	6258	1

View Market Depth

No.	Vol.	Price($)
5	203441	0.094
7	383864	0.093
5	198339	0.092
5	323869	0.091
18	831599	0.090

Price($)	Vol.	No.
0.096	6258	1
0.097	50000	1
0.099	100000	1
0.100	223761	4
0.105	1304574	17

Last trade - 16.10pm 08/10/2024 (20 minute delay)

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