Please lads lets get this CORRECT. (@chokdee I think you were...

Please lads lets get this CORRECT. (@chokdee I think you were correcting @falling knife but i wasn't 100% sure)
The plan is to mine (no...produce) 4440 tons per annum (NOT million tons). A ton is 1000kg so its 4.44 million kg of NdPr oxide pa.
IMHO this will likely be double this by 2028-2030 as demand builds for supply from ex-China and Tier 1 (ex Africa/Russia/Myanmar) sources.
Aust/Canada/USA/Brazil/India are going to be those sources.
The DFS of Nov 2022 mentioned all-in production costs of approx. $A50 per kg ($A48.52), so at current exChina prices of $US66 (approx $A100) the $A50 per kg profit margin equates to (I assume) EBITDA of $A222mil Every $A1 increase in NdPr oxide pricing equates to a further $A4.44mil in EBITDA as all costs should remain the same. There are of course so many variables in these calculations and still 2-3 yrs away from production/delivery eg phosphoric acid sales revenue could be higher in 2026+, transport costs could be lower/higher, inflation, interest rates, etc.
But IMHO being valued at MC of only 4 times first full production EBITDA is a very low valuation.

AllIMVHO, DYOR (cause I have), GLTA(patient)LTH "Buildit they will come for more"