RLK 0.00% $1.80 rolek resources ltd

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

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    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.
 
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