Don't know if this has been posted ... but here are the numbers for 'economic assumptions' that will be made in the PEA. (From From Page 131 in the NI 43 -101)
Parameter Value Unit
Mining Cost 26.00 US$/t mined Processing 67.00 US$/t of feed General and Administrative 1.50 US$/t of feed Total Cost 94.50 US$/t of feed Nb2O5 to Niobium conversion 69.9 Percent Niobium Process Recovery 60 Percent Niobium Price 50.00 US$/kg TiO2 Process Recovery 58.7 Percent TiO2 Price 2.50 US$/kg Sc Process Recovery 14.1 Percent Sc Price 2400 US$/kg Calculated CoG Nb2O5 .30 Percent
I am struck by the $50 Niobium Price and $2400 Scandium Price per kilogram. So many here can begin to plug and play some of the numbers.
Just 20 Tons Scandium per year equals basically 50 million dollars 7500 Tons Niobium equals 375 million in revenues I don't know what even to base Titanium sales on ... how much would be pulled out with the same amount of ore of niobium.
Either way, I smell serious money. Worth far more than today's closing price. Can't wait for next week.
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