GREY:BHNGF - Post by User
Comment by
ERealon Mar 06, 2008 12:06pm
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Post# 14607647
RE: SOMEONE WROTE THIS!!!!
RE: SOMEONE WROTE THIS!!!!A major mistake I noticed in this article is that in calculating the value of rare earths per pound of uranium, he divided the prices by 0.454 to get $120/pound uranium. Since the RE prices are quoted in $/kg, he should have MULTIPLIED by 0.454 to get the correct value. Therefore the value of the RE's is actually more like $30/pound. That's if these price quotes are even reliable