My benchmark, is $100-$150m per 10m tons of 1% plus Lit grade spod. So 50M tons I would think $500m MC is achievable. The bigger it gets and the higher grade it goes, the value of each 10M tons gets a higher weighting (that is close to $150m per 10mt). Poor location or remoteness, will clearly affect any MC. However MI6 so far have 0 tons, but I sure DR will change that by the years end.
My benchmark, is $100-$150m per 10m tons of 1% plus Lit grade...
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