That analysis has an error -
Its OK to take 5 tonnes/cubic metre for Iluka's monazite pile (because it is assumed to be all monazite, which has a specific gravity of ~4.6 - 5.4) but for AHK's situation we should use the density of the bulk sand as it exists in situ. - say maybe 3 tonnes/cubic metre.
That drops the tonnage of monazite recoverable from 3% of the prospective area to 277,000. - Or if extended over the whole area to 9.2 million tonnes.
But as I say these are only rough calcs, and the density of sand depends on how compacted it is, as well as the actual minerals contained. To say the density is 3 units allows for strong compaction over many years, and known dense minerals. However the result is still only a guide to possible outcomes.
Please make your own judgements.
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- Ann: Completion of Stage 1 REE Assays at Sandy Mitchell
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Ann: Completion of Stage 1 REE Assays at Sandy Mitchell, page-3
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18.5¢ |
Change
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Mkt cap ! $12.23M |
Open | High | Low | Value | Volume |
18.5¢ | 18.5¢ | 18.5¢ | $925 | 5K |
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No. | Vol. | Price($) |
---|---|---|
1 | 37834 | 18.5¢ |
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Price($) | Vol. | No. |
---|---|---|
19.5¢ | 10172 | 1 |
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No. | Vol. | Price($) |
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1 | 37834 | 0.185 |
3 | 15083 | 0.180 |
1 | 4914 | 0.175 |
1 | 15090 | 0.170 |
1 | 25000 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 10172 | 1 |
0.200 | 12039 | 2 |
0.205 | 4243 | 1 |
0.210 | 10000 | 1 |
0.215 | 4186 | 1 |
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