tide has turned, page-20

q42634

It's the crusher that has arrived on site.
Not the the scrubber trommel and jig circuit which will be used to recover 20-25% of the high grade manganese nodules from the over burden.

I would like you to have a think about just how $179 per ton equates to 51% Mag at current dmtu of $6.09
It doesn't!

This barely covers OPEX. (imo)
Even Brewers Disneyland figure put this at $140per ton cost before royalty's and Noble repayments.

That is 6000ton by the way. 2000 went to noble out of the stock pile.