VML 0.00% 0.5¢ vital metals limited

just North T is not economicso 2222t of NdPr with right now...

  1. 95 Posts.
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    just North T is not economic
    https://hotcopper.com.au/data/attachments/5212/5212784-c649578136c0974171f584827ae7497b.jpg

    so 2222t of NdPr with right now around 70,000USD per ton
    we will get around 50% of that price, because its mixed

    so thats around 77.770.000USD
    and alone the processing plant costs around 60.000.000USD
    than the costs for mining and energy for the processing,
    so yeah its very unlikely, that just north T is economic

    but back then i think geoff mentioned, that the processing plant will only cost 8mio $ and that was a lie......

    but whole nechalacho should be economic
    because than you only have the 60.000.000USD for the processing plant, but around 500.000t of NdPr....

    im still optimistic on long term
    but yeah
    the whole story should be different and not like that
    but i think also LH didnt expect that... LH are now transparent and our former CEO was not transparent.....
 
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