Ann: NTU Hallgarten and Company Coverage Update, page-97

WOW!!!!! Are you suggesting that LYC spent around $20B for their plant ? You'd have to be a good bloke all in all to continue supporting it when MC now only $1.5B


I can see why NTU is looking at organic growth and start with a pilot plant rather then go into debt for $billions.


https://finfeed.com/juniors/ntu/nor...-capitalise-trumps-resources-policy/20180305/

"NTU’s three-year Brown Range pilot plant project will commence first production of heavy rare earth carbonate in H1 2018. The pilot plant development provides the opportunity to gain production experience, surety of supply for offtake partners and to assess the economic and technical feasibility of a potential larger, full-scale development."