The numbers I have are an order of magnitude higher...
| 249.72 || $ per ton of mineral resource - overall |
| 114.45 || $ per ton of mineral resource - (exluding REE/RM) |
So for the 1 billion ton resource of Marin sector alone is 250 B in raw ore value before processing, AND without considering high-purity silica.
And HPA Plant running will be the confimation that all this is possible. Liftoff.
Considering raw bauxite prices, one could conservatively value Orbite's clay resource to $15-20 / ton, which for the Marin sector only would mean 15-10 billions in raw ore value before any processing.
That's a good colateral against a 200-300M loan for a SGA plant, no ?