All, I think it is time to commence a new thread devoted to the Daily pricing of Nd / Pr on the Shanghai and New York exchanges:
Prices have been rising almost daily and seeing as they are the source of our predicted Revenue, we should be paying more attention to them.
Shanghai today has moved up a gear:
Neodymium Oxide (USD/mt)60,219.84-60,982.12
60,600.98
+1,295.87
Nov 18, 2020
Neodymium-Praseodymium (NdPr) Oxide (USD/mt)53,359.35-54,121.63
53,740.49
+686.05
Nov 18, 2020
Which puts Pensana's PFS well into the Base-case economics Pre-tax IRR will now be > 100%