The valuation on twitter does not seem to incorporate bauxite? If so take it as just a valuation for the rare earths project only?
Euro's seem to have projections based on the modest Stage One demonstration plant projected to start late 2024 for Rare Earths with a much larger Stage Two plant to come a few years later?
Bauxite is aimed to be in production by 2025 at maybe 3mtpa ramping upto to 5mtpa which would be revenues of AUD370m/yr per @BobbyMorane ? Euros is only showing for instance 80m in revenues for 2025 and 184m in 2026 from the small rare earths Stage One demonstration plant only?
So without seeing the whole Euro's report just the page posted on twitter maybe substantial upside from Bauxite needs to be added to the valuation?
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