I was referring to the gross amount of earth to be mined not the net amount of REEs recovered. Apologies if I had mislead.
The point I was trying to make in a light hearted way was that if our total deposit was 3 to 4 times bigger than the current resource size, with similar heavy rare earth recoveries, it will be one of the largest resources outside of China and Mongolia.
There is even the possibility that multiple mining operations could operate concurrently across the 37kms of known deposits.
It would be a real bonus for the entire world to have a significant resource to enable the electrification of everything and possibly save the world.
As if that is enough, how cool is it that the local population will go back to growing crops on that land once it has been rehabilitated.
Hope that better explains where I was coming from. Every time I see Tim smile into the camera its because he knows just how big and profitable the final prize could be.
Such a resource should have busloads of investors lining up to fund its development but at this stage it is not that easy.
We still have a few important hurdles to jump over but assuming we do, the future should be amazing.
Chrs W2
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