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Yep, zircon confirmed over $2,000 per ton!Rutile getting close...

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    Yep, zircon confirmed over $2,000 per ton!
    Rutile getting close to $1,500/t and accelerating!
    Ilmenite going to $300/t!!

    Let's say 80,000t Rutile = $120M at current prices
    330,000t Ilmenite = $99M at current prices
    26,000t Zircon = $52M at current prices

    ~$250M+ depending on how prices and volumes play out

    Anyone want to more carefully workout what that means for EBITDA and Cash?
 
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