Yeah difficult to put a set figure on an as yet unmapped...

Yeah difficult to put a set figure on an as yet unmapped process. Depends on so many factors - logistics costs, destination, shipping contracts, middleman profit margin and of course market demand and competition.

Plus you have to factor in the 70/30 share between Estrellas TL subsidiary and the TL mining corp.

Re the 500 million tonnes - I note it is UP TO 500 million tonnes and UP TO 500 million shares as payment. So until the final agreement is signed with REM and the resource is mapped, their actual buy price and the final tonnages are unknowns. The ‘up to’ clause could end up being much less. Like those adds on TV for discounts of up to 80% lol.

The logistics of shipping it will play a large part. If they use Com, it’ll probably be mini-bulkers and they may need to either use those with self loading deck gear, and either bag/containerise it or build a continuous belt ship loader. Probably easier to ship it out of a bigger port like Tibar eventually. Com is quite narrow snd exposed and only a short wharf.

To me a good hit of manganese is still the major target, but the lime could be a nice icing on the cake, if it is extractable at a decent cost.

Just have to wait & see.

Thanks for your well measured comments.