IXR 5.26% 0.9¢ ionic rare earths limited

[hchtml]BlytheYou cannot compare this to AXO. AXO is near the...

  1. 9,286 Posts.
    Blythe

    You cannot compare this to AXO.

    AXO is near the coast.

    AXO will build a slurry pipeline.

    At current prices, AXO would receive is US$46 per tonne, which is calculated on 58% iron-ore recovery at fines price of US$80.52 per tonne. [quote AXO]

    AXO costs will be less than $30 tonne.

    Have a look at the BFS of WPG, where their transportation costs for DSO premium hematite is $33 tonne and total cost is $55 tonne.

 
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