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The example you have used Countervin has a grade of 0.25%...

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    The example you have used Countervin has a grade of 0.25% Niobium. That's low grade. Niobec has a 7,000 t.p.a capacity at Grades of 0.56% and sold for US$530 million or AUD$763 millon in early 2015. High grade Niobium Mines in the plus 2% range equals

    One.

    Araxa in Brazil. Production cost of $10,000 / tonne. 100,000 t.pa. capacity x $40,000 profit per tonne. That's a profit of $4 billion US$ per annum or $5.76 billion AUD per annum. (or an NPV of about 30 billion over 7 years at a discount rate of 8%).

    BIG. BIG. BIG. Think BIG <> Plus 2% grade would be bloody outstanding.

    See y'all online tomorrow morning early people.
    https://hotcopper.com.au/data/attachments/5027/5027702-a44fb6cb4639e93b22790fc59bd4bfca.jpg
 
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