NTU 0.00% 2.0¢ northern minerals limited

Ann: NTU Presentation - New York Roadshow 5 Dec 2017, page-60

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  1. 5,056 Posts.
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    Oh dear.

    I am definitely not going to take your word for it because you are absolutely clueless and I am not going to discuss Lynas on this forum, but if you like you can post the same ignorant comments about Lynas on the LYC forum and I will be more than happy reply.


    As detailed in the companies DFS, they will need to build a TSF to store waste which means there is going to be a huge amount of waste that needs to be stored until the resource has been fully depleted and mining has stopped. Even then they may not be able to return the waste to to the mine, depends on waste composition, and will have to manage the TSF indefinitely.

    While the R&D pilot plant is 10% scale of the one outlined in the DSF it will still produce waste that will be stored in an TSF. Again, they might not be able to return the waste back to the shallow pit due to its composition.
 
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