Ti Dioxide, page-16

Yep, it is certainly a big multi-billion tonne chunk of dirt.

But the dollar figures being used AREN'T bottom line (bottom line is net after costs, interest, tax, depreciation etc). What we are quoting in the last few posts is the headline income (assuming the project was operational) before we get to costs, then factoring in the ITDA components (taken from EBITDA). The costs of production and financing will determine the viability of the project, and the net value. Not straightline multiplation of the potentially extractable tonnage of each mineral by its per kg/tonne value without a reflection of how expensive it is to get to a product that can be sold.

Don't get me wrong - I'd love to see this proven viable and economical in testing, PFS, pilot and then a DFS/BFS.