Once approved by the Federal Permitting Improvement Steering Council (FPISC), Texas Mineral Resources’ Round Top Project will be fast-tracked into construction. The Round Top Project has been classified as “high priority to the nation” and will be granted preference in the licensing process under Executive Order 13766.
The heap-leachable Round Top Project, which has a low CapEx and OpEx, contains a high percentage of REOs strategically critical to the U.S. defense, clean energy, aerospace, supercomputing, and transportation sectors.
|Flagship Project||Round Top|
|Mineral Resources (M&I)||307,260,007 kg REOs|
|Average Annual Production||10,754,100 kg|
|Payable REOs||215,082,005 kg|
|True All-in Cost (TAIC)||$21.43/kg.|
|Texas State Royalty||($487,476,000)|
|Total Operating Costs||($2,213,683,000)|
|Total Capital Costs||($845,000,000)|
|Net Profit Margin||41%|
|True Value (TMRC, 30%)||$20.27/sh.|
|Cash Flow Multiple||5x|
|Annual Cash Flow (TMRC, 30%)||$47,324,678|
|Future Market Cap||$236,623,392|
|Market Cap Growth||1,589%|