race to the finish line, page-55

Hi All,

We know it costs about $4.00 to sand mine a tonne of alluvium to get at least a kilo of TREO worth at the end of the process $47. Even if it took a 1000 tonnes of alluvium to get 1 tonne of TREO that tonne would only cost $4000.

The dry processing will probably cost about $25 tonne to achieve the a one tonne of of dry processed concentrate not for each tonne processed.

Finally, to achieve the final mixed bag $5,000 a tonne to produce a finished material by chemical processing. No thorium or uranium.

Look at each step and add up the cost:

Wet processing:-----------------------$4000
Dry processing:-------------------------$25
Chemical processing:------------------$5,000

Total:-------------------------------$9,025

Value:------------------------------$47,000


The way I see it, there is a substantial profit in exploiting the CUX resource and I mean SUBSTANTIAL.

DYOR

Cheers