Using the lower end of the (2.4 to 4bn tonne range) and assume price for ore of $100 per tonne, that gives the value of the contained metal as $240 bn).
Let's value this at just 0.1% (ie 10c per tonne) of the contained metal = $240m.
Yet at MEP's current market price, the project is valued at just a few million...
2.4 billion of ore, page-3
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