OK From Yesterdays pricing September the 20th. Ruidow
I have recalculated the value of the 15 elements NTU has in their mixed carbonate.
This time I have used the average price for 13 of the elements as oxide's, and the other two elements that do not have a price on Ruidow, I have used the price from Baotou, (thank you T-AU)
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In short, the sum of each element separated into its individual oxide totals X=$23,529.083 AUD.
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So now, as to the market being informed (back on the 6th of April) that NTU were going to receive approximately $66,666,666 for 3 years of their carbonate which equates to Y=$22,222,222 a year. Now X-Y = $1,306,861 now divided by the annual 1,100,000 kg of total carbonate = $1.188 AUD per kg
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Is it possible that Chinese have such an elite separation process that they can separate all the 15 elements for under $0.95 cents USD a Kg, to then sell and make some profit?
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Are NTU really going to be paid $22,222,222 a year from JFMAG?
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