From the Argonaut webpage.
Following expansion of our Luni deposit model we have doubled the process throughput of our proposed development from one to two million tonnes per annum. In doing so, this increases modelled ferroniobium output to ~30ktpa, eclipsing the combined production of both second tier producers CMOC and Niobec. Under this scenario revenues would increase to over A$1B per annum. In our view Luni remains the world’s best niobium discovery outside of Brazil. Derisking will be provided through publishing of an initial JORC MRE this quarter, and preliminary metallurgical results later in the year.From the Argonaut page
DYOR.
General discussion, page-5966
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