The ore value is around US30/t at present prices,@ 85% recovery, if you add the 4 main rare earths. If costs, rough estimate, of mining and crushing and leaching come in at $2-5/tonne at each step and all in costs can be kept under AUS$15/T then the margin of AUS$30/T is potentially possible for a 10 million tonne per year mine. With 10 billion tonne of ore.
All relies on the testing to be done. Keeping my eye on this one.
- Forums
- ASX - By Stock
- RDM
- Red Metal Banter
Red Metal Banter, page-4
-
- There are more pages in this discussion • 575 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 RDM (ASX) to my watchlist
(20min delay)
|
|||||
Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.96M |
Open | High | Low | Value | Volume |
11.0¢ | 11.0¢ | 11.0¢ | $27.02K | 245.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 324530 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 19146 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 324530 | 0.105 |
13 | 728514 | 0.100 |
1 | 100000 | 0.099 |
1 | 10000 | 0.098 |
1 | 100000 | 0.097 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 19146 | 1 |
0.115 | 255905 | 3 |
0.120 | 145200 | 2 |
0.125 | 41666 | 1 |
0.130 | 101284 | 2 |
Last trade - 15.49pm 04/10/2024 (20 minute delay) ? |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
RDM (ASX) Chart |