From my previous calculations At current market prices I think they’re going to make roughly $28 USD on the phosphoric acid PA so this is good but how much opex for that amount? Not sure???
They have an MOU for 900 tonnes of NdPr - IMO the share price won’t increase much past 5c until the full 3600 tonne is signed up with an OT partner so we will then get finance to build the plant - Gavin has stated this previously.
Ann: Quarterly Activities Report and Appendix 5B, page-6
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