@roblun You need to ask IXR how they are coming up with the $100+/kg basket price when Makutuu's REE Grades are only 640ppm compared to Lynas 8.3% (83,000ppm) TREO (states $48/kg REE Basket)?
Page 9 below.
Lynas Mt Weld Expansion Presentation - Lynas Rare Earths Limited (ASX:LYC) - Listcorp.
You can't say it's all in the value of the heavy or magnetic rare earths either. Especially when you multiply these low grades by the exceptionally low recoveries to get the real amount of REEs you are actually mining processing and selling.
IXR's numbers do not make sense. Time will tell I suppose.
@roblun You need to ask IXR how they are coming up with the...
-
- There are more pages in this discussion • 4,238 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IXR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $53.14M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $251.9K | 23.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 9762722 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 8390402 | 6 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| IXR (ASX) Chart |