RE: What are RBW worth?30 Nov 2020 14:03
Phalaborwa very Basic Value
Ore price of $48,050/t on 30 September 2020.
Phalaborwa 10,000tpa x $48,050 - $480,050,000 pa.
Initial samples give 35 million tonnes Gypsum Stacks indicate 0.6% TREO, indicating c. 210,000 tonnes of contained TREOs, with Neodymium (Nd) and Praseodymium (Pr) (together "NdPr") anticipated to constitute c. 30% of the TREO basket.
Not bad for a pile of gypsum