RE: Rare earth and ISR6 Jul 2025 19:39
Richyrich1, thanks for info-I had a quick scan of their presentation. It gives me reassurance that COBR are onto a winner with isr.
Extraction via In-Situ Recovery (ISR) 3 BCM is pioneering ISR for REEs outside China, offering a potentially low-cost, low-impact alternative to traditional mining. Early field trials show fluid breakthrough within 72 hours, validating permeability. Exceptional Project Economics (Scoping Study, March 2025) 4 The project delivers a post-tax NPV of US$498M and IRR of 55% with a 2-year payback. Capex of just US$55M (incl. 35% contingency)