Apr. 2 at 2:20 PM
$NB I watched the Emerging Growth Conference Video below as recommended by Daniel, I found one especially new and compelling fact. Previously, we had estimates of ore body amounts for all six critical minerals, estimated recovery rates, and estimated prices. When the new feasibility study comes out, it will be based on a 90% recovery rate, much higher than other mines. It will be based on a fair estimate of Chinese and World pricing models - with of course world prices generally higher. And of course, they will have detailed estimates of mineral production based on the most recent drilling results. So, here is the kicker! Blend all that together, and Mark shared that the NEW REVENUE PIE MODEL will show the following distribution; 1. Niobium - 30%, 2. Scandium - 30%, 3. Magnetic Rare Earths - 26%, and 4. Titanium - 14%. What a wonderful variety and balance of valuable revenue streams any business would hope for during these unstable times!
