Ann: Browns Range Project & Financing Update, page-64

Carbonate pricing from 9/3/2018

https://price.metal.com/prices/rare-earth/compounds

Ok now the REO % for the pricing in the above link is for 42-45% @ average price of 23,000 RMB/mt
So for NTU's 52% mix that would equate to an average price of  26,577, now remove the 17%vat and you are left with 22,716 RMB/mt or 22.71 RMB per kilo.  = AUD $4.57 per kilo, So that would be a modest earning of  ($4.57 x 1,100,000 Kg) =   AUD $5,027,000 PA

Now if Hallgarten (from his NTU February 2018 coverage update) is somewhere in the ball park with his COP of AUD $37.6 per kg TREO taken from NTU's own DFS, that would be $37.6 x 573,000 kg treo = AUD $ 21,544,800

So Now We Have COP $21,544,800 - Annual Sales $5,027,000 = AUD $16,517,800 per year in the hole.

Any Thoughts Out there?


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