. Nail on the head there Aus in relation the need for magnetic...

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Nail on the head there Aus in relation the need for magnetic separation.
And then sell it to the punters

"The company has investigated using ore sorting on the five stockpiles at Browns range to improve beneficiation and feed to the processing facility, which will in turn result in an increase in the amount of rare earth oxides that can be produced by the recently commissioned plant."

"Ore sorting studies indicate potential for doubling of mill head grade"
"Potential for additional production and new offtake agreements"



Regarding cost/price detail: I think that they will want to keep this buried for as long as they possibly can until they can get additional finance.
If NRE are still looking at chipping in $25 million and paying a premium of 80%-120% (going off the price atm) I think NTU would be extremely lucky.
I guess their will be some updated announcement on this soon, maybe a renegotiation.

In relation to last 1/4's production, "IF" they were able to attract a $15 dollar per kg for their last 1/4's shipment of 2578 kg's ($38,670) it doesn't go far to cover what I would assume to be the WEEKLY interest on the Brevet debt which IMO would be around $55,000.

Ouch.


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