NTU 9.09% 2.0¢ northern minerals limited

Ann: Browns Range Project & Financing Update, page-30

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  1. 15,535 Posts.
    lightbulb Created with Sketch. 1627
    Do some decent research, missile guidance systems use SmCo magnets which companies like Arnolds are sponsored to produce.

    Regardless, US defense needs are 1% of US total which is 9% of global, in other words totally insignificant. Go research yourself, all laid out in GAO & DoD docs in the public domain.

    Dy has been steadily designed out by all mag makers, incl the Chinese, since 2011 to the point China is operating at just 30% capacity.

    Why anyone would fervently defend the gamble in a non viable start up of a proven uneconomic resource (see Argonaut) attempting to produce a dirty concentrate based on a material all end users are busy deleting from their product just has to be one of the mysteries of the ages, lol.

    You guys really are a fascinating study, best I skip the comparisons.
 
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