Has anyone related EQN's Brazilian REE+Ti asset to Resouro's (ASX:RAU) Tiros project?
I've mentioned on RAU's platform that their project should be focused on TiO2, with REE playing second fiddle. Given the limited results EQN have posted, it looks quite similar here.
TiO2 prices might be around US$2000-2500/t.
At a grade of 10-20% EQN's looking at $200-$500 dirt. Far more in-situ value than iron ore.
JMHO
Ann: Further High Grade Results & Drilling Commenced MatadaCorda, page-14
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