Is it time for Care and Maintenance?, page-68

l wil extend my objective perspective to the broader RE sector.

http://www.techmetalsresearch.com/metrics-indices/tmr-advanced-rare-earth-projects-index/

Every RE company in the TMR list that has a resource grade <4% are not economically viable at current REO prices using traditional SX tech. I believe current REO prices will persist over the medium/long term based on supply and demand factors. China and Lynas have more than enough supply to meet world demand over the medium/long term. Just to note NTU resource grade is 0.63% and GGG 1.09%. I consider both to be ultra low grade. 

Any “analyst” report that claims a company with <4% grade is ecenomically viable recieved a monetary benefit from the company to publish their biased analysis.