RE:My friend couldn't believe meAt Loony. If I take your 30000 (US) tons a year as factual, it represents 27215542 kilograms. Therefore, at 49 dollars US a kilo (2017 US price) it would be about 1.3 billion US dollars annually for holmium oxide sales for Matamec and not taking into account other oxides. It would be fantastic for Matamec shareholders.
All in my opinion.