lol
Argonaut had NTU as a spec buy based on DyO price doubling to $US400/Kg in 2017. Current DyO price is A$195 excluding VAT.
BTW NTU DyO price forecast in 2018 is US$225/Kg, rising to US$245 by 2020. Those numbers are very generous IMO. Anyone thinking this R&D pilot plant will ever be profitable are simply delusional at best.
NTU price forecast on p.11
http://northernminerals.com.au/wp-c...orporate-Presentation_sml_Updated-at-1225.pdf
lol Argonaut had NTU as a spec buy based on DyO price doubling...
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