So based on yesterdays PR we are looking at 100lbs rare earths from each ton of feed...making 20 tons of feed for each ton of sands....and 3 grams of gold per each ton of feed. 40 tons produced thus far of rare earths which is equal to 800 tons processed of feed to get there. 800 X 3 grams is 2,400 ounces of gold right off the top thus far correct? That's $3.6million just off that one part of the operation....nice. And in 2 "startup" months. They say they can double that in 2 more weeks now. Over $7 million in 3 months in one phase of the operation.
Im sure the math has been done by now just throwing it out there. SNEY.