They are stuck in fantasy land, no clue whatsoever.
Page 6 in the link gives a detailed breakdown on Chinese HRE concentrate prices.
http://www.adamasintel.com/Previews...eform_in_China---May_21_2015__(copyright).pdf
Longnan concentrate mix is similar to NTU 8% Dy yet longnan is a 92% TREO mixed concentrate and was selling for around $26/Kg in 2015 when HRE prices were much higher.
The question for all those dreamers here is how much is NTU 52% mixed concentrate worth?
Better yet, how much is it going to cost to produce a Kg of that 52% concentrate?
Amazes me just how ignorant some people are.
Ann: NTU Announce First Equipment Components Hit Australian Shore, page-16
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