IXR 5.56% 1.9¢ ionic rare earths limited

Here is some more of what I found:6. The low Cerium extraction...

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    Here is some more of what I found:

    6. The low Cerium extraction of the Makuutu clays has the effect of upgrading the basket price of the extractable REOs and is a desirablequality
    7. The estimated value of the the contained TREO is approximately $5.5bn with an expected basket price of ~$28,500/t
    8. A theoretical resource model for Makuutu would provide a mine life in excess of 30 years. Approximately 50% of the resource has an average TREO grade of 0.087%
    9. The target area has not yet been fully explored and the full resource potential could be increased to 700mt
 
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