Where are you getting 2% from? 2000ppm? 20kg of what? Are you saying they have 20kg MREO per ton of ore? 2000ppm is 0.2% not 2%. Per tonne they'd be getting $50 minus 40% recoveries, minus 30% playability.
How do you get $110/kg? Looking at the distribution of rare earths in the samples I don't think $110 is right.
This is what I am using: Here's a similar-ish ppm and distribution of elements, at prices from a while ago (gone down now). Recoveries are unknown but if you assume 60% then its kinda similar on the revenue side (my guess is VMS costs will be waaaaaay higher with all the roasting and acid etc and this doesn't show costs only revenue).
- Forums
- ASX - By Stock
- VMS
- Ann: 8m @ 5,716ppm TREO- Jupiter Drilling Continues to Outperform
Ann: 8m @ 5,716ppm TREO- Jupiter Drilling Continues to Outperform, page-68
-
- There are more pages in this discussion • 426 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VMS (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.90M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.8¢ | $38.74K | 2.152M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
40 | 7345530 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 3005718 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
40 | 7345530 | 0.018 |
29 | 10084241 | 0.017 |
9 | 2272500 | 0.016 |
8 | 2026032 | 0.015 |
2 | 700000 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 3005718 | 12 |
0.020 | 1949432 | 5 |
0.021 | 676764 | 6 |
0.022 | 1874620 | 6 |
0.023 | 1857668 | 7 |
Last trade - 13.56pm 15/07/2024 (20 minute delay) ? |
Featured News
VMS (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online