There are only a few key metrics that underpin project value - including the potential value of the mineralisation, recoveries, capex and opex
Most IAC’s, even the highest grade deposits globally, struggle to have an in-situ value per tonne of +US$50 per tonne…so less than most coal, iron ore or even bauxite deposits (that don’t require complex leaching/processing)
This graph could be interesting..…
Market cap way off, page-6
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