That's right stayhere. And then on the flip-side the volumes guestimated are probably overly generous (at this stage). IMO, somewhere around 15 Mt might be a fair initial resource target for the southern zone.
Here are some other REE deposits from the Arafura website for comparison.
Comparison of Rare Earths Resources
Project > Resource > By Products > REO Recovery
Baiyunebo, China > 1,460Mt @3.9% REO > REO a by product of iron ore separation > ~25-50%
DZP, Australia > 73.2Mt @ 0.75% REO > Zirconia Niobium Tantalum > Unknown
Nechalacho, Canada > 69Mt @ 1.95% REO > None > Unknown
Nolans Bore, Australia > 30.3Mt @ 2.8% REO > Phosphoric Acid Uranium Gypsum > 81%
Mountain Pass, USA > 20Mt @9.2% REO > None > 50-60%
Mianning, China > 17Mt @ 3% REO > None > 50%
Mt Weld, Australia > 12.2Mt @ 9.7% REO > None > 59%
Dong Pao, Vietnam > 11Mt @ 6.9% REO > None > Unknown
Bear Lodge, USA > 9.8Mt @ 4.07% REO > None > Unknown
Hoidas Lake, Canada > 2.56Mt @ 2.43% REO > Phosphate > Unknown
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