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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