What are NTUs rare earth assets worth

What are NTU rare earth assets really worth:-

three valuations were given on 3rd August 2016:-

Low  $138,000,000

High $391,000,000

Preferred $201,000,000

see page 46 of the PDF:-
http://northernminerals.com.au/wp-c...2/16-08-29-Combined-Nom-And-IER-and-Proxy.pdf



One thing is for sure NTUs rare earth assets are worth considerably more for a company in production, than the sitting in the ground value reflected above


A turning point for rare earths?
http://www.indmin.com/Article/3662664/A-turning-point-for-rare-earths.html

China Northern Rare Earth Hi-Tech Co., the world’s largest rare earths producer, has announced that it would hike its prices in a move some have speculated may represent a turning point for the struggling industry

Demand is now rising rapidly with booming Electric Vehicle Sales as the main driver - and no where more so than in China