IXR look set to deliver somewhere between 270-530Mt of TREO @ 400-1,000ppm
The base for me would be 200Mt @ 840ppm. Nice and simple to compare. That is 10 times the size and 50% higher grade than BioLantanidos with 20mt @ 580ppm that sold for $90M.
That would 50 years or more of mine life and a huge NPV.
Ann: Makuutu Rare Earths Tranche 7 Assay Results, page-32
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