"Grade does determine viability and profitability"
Incorrect. There are many other factors that contribute to these variables to a greater scale. I think any reader even new to the REE industry or mining sector for that matter could list quite a few costings that fluctuate between processing different loads at differing locations and depths or just in operating a business and its costings. All regardless of the resources grade. Sorry Goofy but that’s a pretty whopping FAIL.
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"You can judge the worthiness/profitability of an individual company based on general market fundamentals"
Incorrect. There are also many other factors within the dynamic of a company’s conduct and operation that far outweigh in monetary terms compared to any variance in the slight shifts in end product pricings seen in recent times.
To make it simpler for you to comprehend as you appear to be having trouble answering this with any factual thought.
If Jim sells top quality milk But it costs him more to produce per liter. Does that mean that John. Who’s sells a lessor quality milk produced at lessor price will go out of business first if the price of all milk drops the same? All just because Jims milk is a "better quality"
Answer= No. Jims price may fall under his production cost putting him out of business while John operating at a lower cost base can still survive.
So no. Market price fluctuations and fundamentals do not over ride individual company’s fundamentals. Just as I have been explaining all along and you haven’t been able to get it. But I hope that brings it into an easier context to understand.
Sorry Goofy but on both counts its clear I am happy not to be listening to your investment advice as it fails to understand these very simple fundamentals any investor really needs to know.
Ausheds what you have said again has nothing to do with my question. Its just a heap of imapplicable numbers that dont offer much of an impression unless it is actually answering the question raised. My question was very simple. Surely you can give it a shot with you having as vast a knowledge as Goofy states he has.
I will repeat it again here a third time..
"Ausheds you seem to have avoided the subject matter. Are you aware of far more significant cost factors involved in the REE extraction process than what you stated (being it solely being a costing of the volume processed). There’s really no jibber jabber in there. Just a simple question and you don’t appear to seem to know its answer, and in so perhaps, just avoiding it?"
A "yes" or a "no I dont" would be a great way to start the answer followed by why rather than anything abusive and unsettled followed by abstract or unrelated to the question. As NTU grade figures, we all well know, doesnt answer to why we have extraction cost factor variance bewteen lodes now does it?.
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"Grade does determine viability and profitability" Incorrect....
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