No I completely get where you're coming from mate, just a lazy response from me as I've tried contacting management on multiple occasions regarding various queries like this and I never hear back.
Yes you're correct if they're sourcing it from us for $100/t one does need to take into account mining/processing costs etc. Of which, we have nfi, hence I pulled the $100 figure from nowhere.
Hopefully once it's at full scale production they'll provide us with a little clarity.
Maybe you can work backwards off of this
https://www.listcorp.com/asx/rdg/resource-development-group-limited/news/29-year-mine-life-for-lucky-bay-garnet-project-2594790.html
Project NPV (8%) A$483m
Project IRR 48%
Total Ore Reserve of 202Mt @ 5.4%HM
Total Ore Reserve of contained Heavy Minerals 10.9Mt
Total Ore Reserve of contained Garnet 9.3Mt
Ore Reserve mine life 29 years
No I completely get where you're coming from mate, just a lazy...
Add RDG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $100.3M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.4¢ | $406 | 11.93K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 764487 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 388068 | 1 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
|
|||||
|
Last
3.5¢ |
Change
0.000 ( 6.06 %) |
||||
| Open | High | Low | Volume | ||
| 3.5¢ | 3.5¢ | 3.5¢ | 25000 | ||
| Last updated 13.06pm 07/06/2024 ? | |||||
| RDG (ASX) Chart |