Hello. Empire appears not to be a yardstick. Empire appears to have a hardrock deposit. The thicknesses are amazing (150 metres from surface) however the processing appears to have moderate recoveries (66% in the lab; possibly as low as 50% for a real mine) & also requires acid leaching. This would explain the lowish market cap for such a monster at surface easy to mine deposit. NMT have a titanium deposit. The last time i looked the opex vs revenue did not impress me.
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