The only reason for comparing these two is whether they might one day go into business together to have a light/heavy ree solution par excellence:)Seeing there isnt too much chance of that, then i reiterate i dont get the point.
Nice to see a rise in the sp today, couple of nice days on the dow and perhaps we can restablish that 30-40 c range.
I do have a sincere question however for the ntu guys - how can you do metallurgy on an undefined resource? if the resource differs at depth or along its length - then who's to say the geology and metallurgy wont differ also? For example - Peks various zones will require different processes. Wont metallurgy testing continue on drilled material? May be a foot in mouth question, but it is sincere nonetheless.
As for beating to market- that race is almost over(for lrees), its who will be cheapest to produce and deliver that survives from the rest.
Theres a bunch of ree companies out there with 'difficult' resources. Soveriegn risk, radioactivity,metallurgy, green governments, volatile governments, take your pick.
IMO Pek and NTU are about as much of a worry to each other as 2 puppies on a pillow.
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Price($) | Vol. | No. |
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