Shares on issue are meaningless, it is the asset backing that counts, how the funds raised have been employed to create value.
While some of Lynas raising has gone to cover lengthy delays, permitting, construction & commissioning, it is not difficult to identify the hard assets built to leverage well in excess 25yr mine life.
NTU is tiny by asset comparison, and never attempted to compare it, that has been the choice of posters here. NTU has raised a lot of money, running in ever smaller circles, and still has a tiny asset base, not least a very short mine life, and some extremely marginal material in that!
As I've always clearly stated my main interest has always been the potential tyranny of DyO over NdFeB growth, NTU merely a curiosity, but that has v clearly passed.
HRE has lost its economic driver, and no ROW hard rock will compete China ionic source, with established infrastructure, and capacity at least twice current demand.
NTU Price at posting:
12.0¢ Sentiment: Sell Disclosure: Not Held
(20min delay)
