ETM 0.00% 2.2¢ energy transition minerals ltd

the chicken with the golden egg, page-47

  1. 2,731 Posts.
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    Green T,
    your 3000 tonnes per annum REO figure does not agree with the annual production target, published on page 17 of the GME Company Presentation.
    Here are the figures, verbatim:
    dysprosium 227 tonnes
    terbium 33
    europium 28
    yttrium 1686
    neodymium 3032
    praseodymium 992

    Thats 5998 tonnes, double your figure.
    May I suggest that GME probably have a better idea than the crowd you got your "wobbly" figure from?

    Add to the above, 1.1 million lbs of uranium and 6,180 tonnes of zinc (as ZnS)

    Here are the Key Project Metrics, also from p.17.

    Mine and Concentrator Study Complete
    Refinery Study Underway
    EIA, SIA underway
    Capital Costs:
    Mine and Concentrator $US450M + $48M Owner’s costs

    Refinery $US360M + 25M Owner’s costs

    Total Capital Costs $US810M (MINE, CONCENTRATOR AND OFFSHORE REFINERY.)

    Start-up: Construction commencement 2015
    Production commencement 2017
    Mining Method: Open-Pit
    Plant Throughput: 3Mtpa

    Forecast Cash Costs:
    Expansion Case (6Mtpa):
    Incremental cost of U:
    US$6.40/kg REO inc. byproduct credits
    US$4.90/kg REO inc. byproduct credits
    @3Mtpa US$37/lb @6Mtpa US$31/lb

    Mine Life: >30 Years

    23.

 
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