Hello. I've ran the numbers on this for months. For my purposes, REE prices need to double so MEI can raise US$150M at 15 cents and then rise to a share price of 45 cents. Also, I was not sure about the operating costs in the study, whether or not they included transport to an overseas destination. You can check numbers below. Time to go.
Revenue/kg = total revenue US$M
an extra $24M in revenue is included for the non-Nd-Pr-Tb-Dy
Total revenue is multiplied by 70% payability = US$230M
Ann: Caldeira's Scoping Study Confirms Exceptional Financials, page-56
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