Rainbow rare earths 60% grades?, page-7

Why do you think it is not suitable for bulk mining? They estimated their pa target by those veins. Still looks not that bad. Sure RBW will never be Lynas haha. But they dig up super high grade stuff, and will probably continue to do so for some years. They claim they will produce at least 5000 tpa 40-60% material with mostly Nd and Pr. Should be around net 400-600t Nd and Pr.

They said they have discount of around 80% of basket prices since they do no processing.

Like i said. They made 170k with one shipping (2 additional shippings in Jan) - whatever this means by quantity. If they do 3 "sippings" per month this would add up to 5-8M profit per month. Average mining p/e is 20+/-5. This could give a mc between 60-150 M. We are now having around 30M. I know it makes no sense to phantasies only on one revenue number but we will see after Q1 18

Bokan has a horrible capex. RBW is already producing.

I would be happy if people stay on topic






If you look at the latest presentation they already do the mining with baggers.