Ann: Wonarah Review Identifies Rare Earth Element Potential, page-93

times 550MT divided by 0.75 less whatever the costs of designing, securing consents, gaining approvals, actual building with delays, testing an actual processing optimisation of a plant and whilst one of many teams is doing that another team is developing the market, enhabling supply channels, putting in place SCS and another team putting in plasce interim agreements whilst negotiating T&C's, securing contracts etc and another team putting place administrative services required to support both the project and subsequent operations and another team seeking and securing interim funding and also preparing for major finance structuring.

etc etc...

So probably $1000 give or take less AEV management fees.