Cost estimates..
For convenience I choose CDUs recent announcement.
CDU have
30.3mt @ 1.7% CuEq (0.8% cut-off) Measured and Indicated
and their initial license is for 3mtpa for 10 years.
(the actual resource is highly contended, it could be bigger, so I dont expect our market cap to reflect CDUs NCU speculation -initial off take etc)
We can presume we have 30mt at 1.6% cueq in there somewhere at milo. 0.8 polymetals and the rest REE.
I presume the majority of the cost is going to be comparable for both resources (digging/crushing/shipping)
Just based on that 30mt somewhere in the resource, I suggest we have $1.25 billion NPV.
Similarly to CDU, we have more than that 30mt in the ground.
The two companies above have different resources, yet there is this similarity that I am noting. Thats where the comparison ends... open in all directions.
- Forums
- ASX - By Stock
- rare earth basket price $99.40 =$10b value
Cost estimates..For convenience I choose CDUs recent...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GBZ (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.41M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $2.7K | 300K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1118368 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 932597 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1118368 | 0.008 |
5 | 2195204 | 0.007 |
3 | 700000 | 0.006 |
2 | 370000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 932597 | 5 |
0.010 | 1500000 | 3 |
0.011 | 1009000 | 2 |
0.012 | 1060798 | 4 |
0.013 | 1322442 | 3 |
Last trade - 10.04am 26/08/2024 (20 minute delay) ? |
Featured News
GBZ (ASX) Chart |