i think it's more like 60m x 1.5% = 900k tonnes. Then you lose a bit in the process of upgrading to high grade concentrate. So 900kt x 85% = 765kt of high grade concentrate.
what's that worth a tonne? as much as US$12,000-$14,000, call it 12. So 765k x 12k = US$9.18 bln.
then add Tantalum credits.
how'd i go?
Ann: Placement to raise $2.5m, page-74
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