RE: Value of First Gold's Shares for Andrewthanks for the help nohype, I guess we're just wondering about the costs then. Canadian Lithium is working on a feasibility study on a similar property, their costs are 2815/ton for Lithium carbonate which is worth around 5000/ton (see links at bottom). Does anyone know about the costs associated with the REE? It would also be interesting to know if the costs fall at all if you're extracting multiple REEs, you'd think most REE mines would be mining more than one thing.
now that EFG is more or less a single project company you can actually get a pretty good idea (with lots of DD), what the share price should be. Looks like it should easily be above .50.
https://www.canadalithium.com/s/QuebecLithium.asp
https://www.lithiumsite.com/Lithium_Market.html