Lol, you really are mainlining the stuff aren't you!
Got a good laugh outta "expects to produce 1,719,000 kg of Rare Earth Oxide in a mixed Rare Earth Carbonate", do you even understand how ridiculous that is?
Do you have any concept of the cost to take that dirty con ex Darwin and turn it into something useful, incl Chinese concentrate tax & customer's profit margin?
Best I don't comment on the naivety last para's but cross referencing the two pet analysts this is very clearly a three year loss making "pilot" structured with heavy taxpayer subsidies years 1 & 2 based on a wing & a prayer that Dy prices will double by 2020.
Argonaut very clearly state NTU is NOT economically viable <$300kg, and I suspect much higher, to generate anything like a return on equity. This is nothing more than a massive gamble, with taxpayer & SH funds, against trend & an overwhelming body of evidence that Dy/HRE is being engineered out of its only significant end mkt.
Kamikaze on KoolAid.
NTU Price at posting:
8.5¢ Sentiment: Sell Disclosure: Not Held
(20min delay)
