GREY:ARGEF - Post by User
Comment by
billr861on Sep 21, 2018 4:59pm
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Post# 28667920
RE:RE:RE:RE:Something goes on!
RE:RE:RE:RE:Something goes on!We can't even begin to assess what those 4 by-products are worth because we have no idea how much of each will be produced. Given their widely varying values between $80/t and $400/t, the best value we can put on them is the lowest which would be the $80/t= $15.2M and we'll be secure in the knowledge that we're not over estimating. Can't use averages here that are going to mean anything. If anyone out there knows how much of each will be produced,please speak up.
Plus, as someone on the board already mentioned, we are NOT going to get that full value for the products since they're going to a wholesaler, he's going to get his 15-20% off the sale price.
If they use Lac Brule material it will include vanadium @ $7000/t which will equate to 1100t/yr= $7.7M (less selling costs) to add to the bottom line so let's not forget that.