Hi Volatility, Sorry but I don't know where Kingrose got that number from: And yes I had overlooked the gaunge material in the concentrate so it will be closer to 16,000 containers or $80M shipping
Using the old scoping study numbers provided: Mine 1.5Mt to produce 95kt concentrate ie only a 6.3% con which is not very impressive, I would have thought 25-30% would be more realistic otherwise the shipping cost does become significant.
However going by the Old resource estimate of 100,000t contained Nd/Pr and assuming that results from the recent drilling have at least doubled the resource (ie 200,000t), if mined over a 10 year period = 20kt/pa Nd/Pr
Given Nd/Pr makes up around 25% of the REE's then Annual production will be around 90-100kt REE total but when the gaunge material is included this amount to 330kt of concentrates to ship,
Assuming a discounted revenue of $25kg revenue returns will amount to approximately $500M p.a
less Mining (allow $5/t) and treatment (allow $15/t) + another $5/t for Admin = $25/t Opex or approx. $$40M
So EBITDA = Revenue - Opex - Shipping will be around $380Mpa
And for its 84% share PM8 will get about $320 or $0.30c/share
BIG NOTE: this does not take into account any revenue from the 75% of other REE's contained in the con
