Ann: NTU Announce First Equipment Components Hit Australian Shore, page-30

hOrcO Could you show me your calculations as to how you end up at $20/kg?

Q: "Why, you think I may have plucked the number from thin air like you did ?"
A: Without showing how you arrived at 20/kg, you are clearly showing me that you do not have any idea as to how you got there, and yes you have just plucked the number from the air.
I gave you a DyO price of AU$250 a kg to work off, I could only give you a reasonable guesstimate as we are talking a year down the track.

Once again you revert to comparing NTU to Lynas, two completely different businesses operations, LYC is a growing profitable business! Thank you for promoting LYC on the NTU thread.
You keep banging on about Lynas's serviceable debt, that debt has helped transformed LYC into the second largest RE producer in the world, The Largest outside of China. Debt only becomes a problem when it can't be serviced!
Most here I do not believe have any idea as to the size, scale and complexity of the Lynas operation, and I believe it will hold the largest RE producer title outside of China till the day it winds up operations, a day when its RE's are no longer required.


Page 2 last paragraph.
http://northernminerals.com.au/wp-c...erals-NTU-Breaking-ground-at-Browns-Range.pdf

As in relation to NTU, and its profitability, one can only go by the report that NTU has on their website, a report published back in July this year (link above).
After the governments R&D rebates we expect the pilots plant net cash flows will be near break-even.
Near break-even does not install any confidence that this project is going to be able to keep its head above water let alone turn any profit, so who will cover the loss?


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