"plan on track for mine" - dzp news article, page-16

Not sure about the exact calculations, but way higher revenue from (H)REEs in the final DDFS seems a given to me.

1) better recovery from ore - if we get from 50% to 75% that alone would increase REE revenue by 25%

2) Prices of especially HREE are holding up a lot better than what was thought when doing the old DFS. Cf p 19 of
http://www.alkane.com.au/presentations/pdf/20120719.pdf
So they'll pro'lly have increased the numbers there.

3) According to the Petra report:
"Selling the full suite of separated rare earths has the potential to increase DZP revenue by up to $100Mpa."

So I think our management is still rather lowballing the REE numbers. OTOH, they probably reduced the zirconium numbers a bit in order to seem to be more conservative, even though the ziconium situation seems to me rather to be a short-midterm problem (1-3 years) and prices there have gone up again, thanks to Iluka cutting production.


P.S. Did you notice that according to p 12 of the new presentation we are going to provide for 8% of YREE worldwide ?! http://www.alkane.com.au/presentations/pdf/20120719.pdf

Ykes. I thought China produced more of that stuff? I knew we were going to be a big boy wrt zirconium products, but HREE too? Talk about "strategically important" ...

(will cross post on the other thread on the report)