RE:RE:RE:RE:RE:RE:Shenghe ARSchtomper. I can indeed read. Apparently you cannot do simple math. Look at the numbers and REE prices the calculations were based off of. The IRR. When prices collapsed, you immediately stopped hearing about Bokan and they shifted to MRT.
That is because BOKAN IS NOT PROFITABLE right now. Prices would have to double, if not triple.
The low hanging fruit now is tailings, tolling, and partnerships for the technology.
If prices rebound, sure, maybe Bokan can open. Only other chance is if the government completely subsidizes it which I dont see as likely.
Despite this, I remain long, because of MRT's various applications. We have plenty of upside, but to think the mine is one for the foreseeable future is nuts. Doesnt matter if its on deepwater, or close to the separation facility. The sales price of the ore, even separated, is less than the cost of mine operation at this time.