Ann: 265,000 Tonnes Identified From Otjo Surface , page-4

re: Ann: 265,000 Tonnes Identified From Otjo ... Hi DeReamer,

Mn ore valuation probably around US$5.5 to US$6.0/dmtu (%) on a 44% basis.

That means that if SRR ship a 44%Mn ore, then they will get ~US$250 per tonne.

That price drops off as the Mn% drops off, so a 38%Mn ore might only get US$5.0/dmtu, therefore a 38%Mn ore will attract US$190/tonne.

The big question is, what product will SRR ship?

The $1,000 to $2,000/tonne prices your are seeing will be for Mn Alloys. The product of smelting Mn Ore.