RDM 0.00% 17.0¢ red metal limited

Ann: Sybella Drill Assays Confirm New REO Discovery, page-72

  1. 593 Posts.
    lightbulb Created with Sketch. 160
    What if Nd and Pr are actually 7g/cm3 that is 3 x heavier/denser per particle than granite 2.7g/cm3. At 330 ppm NdPr then weight wise will be equivalent to about 1000ppm or 1kg of Nd Pr per tonne of granite
    Price of NdPr on the Shanghai index is US $72500/t or AUS$125/kg.
    That is a value of NdPr of AUS$ 125/tonne of 1t of granite.
    Error I made costs AUS$10-15/tonne to crush.
    https://thundersaidenergy.com/downloads/mining-crushing-grinding-and-communition-costs/
    Sulphuirc acid 98% AUS$350/t but if only 4% needed cost drops when diluted to AUS$14 /t . Use about 1t acid to 1t granite.
    ? transport costs to a nearby plant for processing at Mt Isa.
    It's starting to look good.
 
watchlist Created with Sketch. Add RDM (ASX) to my watchlist
(20min delay)
Last
17.0¢
Change
0.000(0.00%)
Mkt cap ! $52.41M
Open High Low Value Volume
17.0¢ 17.5¢ 17.0¢ $105.7K 612.8K

Buyers (Bids)

No. Vol. Price($)
5 81828 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 132505 3
View Market Depth
Last trade - 12.38pm 09/07/2024 (20 minute delay) ?
RDM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.