I'm well aware of the costs of production that NTU have...

I'm well aware of the costs of production that NTU have estimated. Could this be inaccurate once the plant has been commissioned - yep, absolutely. Does the Dy price need to rise substantially to make NTU a good investment- yep. But NTU do have an off take agreement and they're starting small which is a positive as opposed to Lynas who had massive cost and inefficiency blow outs and frankly they almost went under if not for Japanese assistance. NTU is running things differently - once the pilot plant is up and producing we'll soon find out whether it's been a good investment.