Is BPL undervalued again?, page-17

Just taking a look at the average PPM of the 112 million ton inferred resource in the 2011 AusAmerican report:


I added the current prices I found on various metals trading sites and converted from RMB to USD. I also converted $/g and $/kg into $/metric ton.

I also used oxide prices in my calculation which are a bit lower.

Now I accept there is probably some whacky and confusing problems in my spreadsheet. For example I'm not sure turning PPM into a percentage, then multiplying that percentage by the weight actually does spit out a total weight of that particular element.

Based on what I have read the global output/market for dysprosium, for example, is only 100 tons per annum.

But if we're looking at a long mine life and a big resource, then perhaps the numbers might have some grounding in reality. No doubt you have to overlay a huge cost margin for processing and what not - but imagine if BPL could sell concentrate directly to a refinery... That would be interesting.