big on heavy re, low on projected costs, page-18

Good point Stoops, must admit I didn't look too hard.

Checked the TMR Index where Gareth has put in a lot of work:

http://www.techmetalsresearch.com/metrics-indices/tmr-advanced-rare-earth-projects-index/

His basket numbers were updated a month or so ago but using the Lynas basket they are now 20% over valued but the comparisons hold up:

CUX $79
ALK $68
HAS $151
Duncan listed at $72 but that includes the 40% Ce. When I stripped that out the basket was $120+ so call it circa $100 but a mixed RE chloride is going to sell well over a basic concentrate price so the comparison is probably a bit meaningless.

ddzx, I noticed you used a $500kg price on Lutetium for both CUX & ALK then doubled it to $1000 for NTU adding $26.70 to their basket price. Ditto Erbium $80 to $100kg. Brings NTU back to $153.60kg in line with HAS.

All nice numbers but meaningless without CoP, CapEx, off take agreements, etc and ALK's the only one with any real progress there.