Sorry, I should have been more clear. I was referring to the capital intensity for heap vs tank leaching. IXR's DFS had a CAPEX of $121m USD or approx. $172m AUD at 0.70 AUD:USD for a 5 mtpa ore feed rate = $34.4m AUD/mtpa feed capital intensity. On the other hand, Aclara's PEA had a capex of $119m USD or $170m AUD at a 1.72 mtpa ore feed rate = $98.8m AUD/mtpa feed capital intensity. MEI is using the same processing and engineering partner as Aclara, so one can reliably predict MEI's incoming CAPEX for a given feed rate.
I won't wade into OPEX, head grades, recoveries or REE pricing, I will leave that to others to discuss whether a project has legs at current REE prices or not.
Sorry, I should have been more clear. I was referring to the...
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0.7¢ |
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Mkt cap ! $34.08M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $45.71K | 6.354M |
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| No. | Vol. | Price($) |
|---|---|---|
| 52 | 13633161 | 0.7¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 5433226 | 10 |
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