To estimate the total value of the mine and the price per share, we need the following key factors:
1.Total Resource Size & Grade:
•The Meteoric Resources Caldeira Project has 1.1 billion tonnes (Bt) of rare earth element (REE)-bearing material.
•The Total Rare Earth Oxide (TREO) grade is 2,413 ppm (parts per million).
•Magnetic Rare Earth Oxide (MREO) is 559 ppm, making up 23.2% of the total TREO content.
2.Market Prices of REEs:
•The most valuable REEs include Neodymium (Nd), Praseodymium (Pr), Dysprosium (Dy), and Terbium (Tb).
•Recent market prices for these elements (subject to fluctuations) are approximately:
•Neodymium (Nd2O3): ~$70,000 per tonne
•Praseodymium (Pr6O11): ~$80,000 per tonne
•Dysprosium (Dy2O3): ~$400,000 per tonne
•Terbium (Tb4O7): ~$2,000,000 per tonne
3.Contained Metal Calculation:
•The project contains approximately:
•438,000 tonnes of Nd2O3
•151,000 tonnes of Pr6O11
•25,000 tonnes of Dy2O3
•4,800 tonnes of Tb4O7
•Based on market prices, the estimated value of these REEs is:
•Nd2O3: 438,000 t × $70,000 = $30.66 billion
•Pr6O11: 151,000 t × $80,000 = $12.08 billion
•Dy2O3: 25,000 t × $400,000 = $10.00 billion
•Tb4O7: 4,800 t × $2,000,000 = $9.60 billion
•Total Estimated REE Value = ~$62.34 billion
4.Total Mine Valuation:
•The mine’s value will be lower than the total REE value due to processing, refining, and operational costs.
•If we assume a 50% profit margin, the net valuation could be $30–35 billion.
5.Price Per Share Estimation:
•To estimate the price per share, we need:
•Total shares outstanding of Meteoric Resources (MEI).
•If MEI has 2 billion shares outstanding:
•$30 billion / 2 billion shares = $15 per share.
•If MEI has 3 billion shares outstanding:
•$30 billion / 3 billion shares = $10 per share.
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