time to be realistic folks, page-65

based on current REE and uranium prices and the stated grades I get a revenue per ton of ore around US $110. REE works out at $80 (0.8% * 10,000) and Uranium at $30 (0.03% * 100,000). The company hasn't come out with cost estimates but we know its a complex orebody which should mean relatively heavy capex and high opex. On first look even with uranium the low grades make this a fairly marginal project, without uranium it looks horrible.

Do they have much higher grades within the overall resource? trying to work out why GGG's been getting this much attention.