Ann: NTU Hallgarten and Company Coverage Update, page-83

Who is to say that the Ze Yu are still interested in coughing up the early 10,000,000 and continuing with the sales agreement. We shall see, wouldn't be this first to change their mind.

NTU could have made it crystal clear as to how the pricing mechanism was going to work, but they have chosen to keep it as clear as mud. And yeah yeah we will get the average of the trailing two months published rant, and as you said Aus, of what.
If one refers to other information that NTU must have told Oz Financial, and I am assuming that they told them, because I cant see OzF just inventing it. They have gone into a little more detail, but have still made sure that NONE of the punters here have any chance what so ever at all of working out how much their mix is going to sell for.
With the current offtake agreement, the offtake partner prices the shipment for 5 of the 6 components at the separation stage, given there is no market for carbonate in Australia. The other elements in the mixed heavy rare earth carbonate are used by the offtake partner to pay for their separation cost.
So Mix the above with the two month average from Asian Metals and Ruidow and you have MUD.

And from the DFS, which Hallgarten also used, $37.6 cost per kg TREO

IMO there is only one reason why you would want to keep this as clear as mud.

And if any of the readers out there can shed a little more sensible conversation to the pricing please join in.


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