Hi TurtleTrainer,
The "Vital Metals Executes Term Sheet..." ASX release dated 21/12/20 clearly states as highlight 1;
"Binding term sheet signed with REEtec for a base of 1,000 tonnes REO (ex-Cerium) per annum for a period of 5 years", with an option to increase it to 5000 tpa for a 10 year supply agreement.
All that aside I'm looking for some detail on what the forecast production rates, product pricing assumptions and opex estimates for North T & Tardiff projects, also what the actual REO produced is composed of, % of Ce, La, Nd, Pr oxides etc., and any other details that would help me derive a valuation for the two projects. Generally this info would be made available to investors as part of a feasibility study of the projects before they decide on whether to proceed.
Hi TurtleTrainer,The "Vital Metals Executes Term Sheet..." ASX...
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