Seems like ignorance is all the DD they need.
The DFS tells the story, US$684/Kg DyO LOM pricing lol. And why are they using DyO pricing when they planned to produce a 52% mixed concentrate??? Beggars belief how anyone could have believed that BS.
http://northernminerals.com.au/wp-c...5-01-Investor-Presentation-May-2015-Final.pdf
Pilot Plant simply a 10% scale version of the one outlined in the DFS. Basically it's 10% of the BS but nonetheless, still BS.
Ann: NTU Announce First Equipment Components Hit Australian Shore, page-53
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