Latest Clip, page-3

Meanwhile at the ranch… That interview highlights a number of milestones expected in the next 6-12 months

Reasonable to expect after finance and offtake announcements and post Final Investment Decision we could be 30% on the NPV. With Rare Earths in the global spotlight next year perhaps more

Considering the (very rough) valuation below I posted a while back, if we have a $4b NPV, reasonable to assume share price could be $1.2b. 200% upside from here over next 6-12 months

NdPr Production 4440 ton pa

@ US$152 p/kg

= US$ 674,880,000

+ Phosphoric acid $58m

Total revenue US$732.88m

Mining costs $30m pa

Processing cost $105m pa

Admin cost $15m p

EBITDA $US582m

EBITDA $AU814m

MC 8x EBITDA $4.3b

Do your own research, just sharing my thoughts of what is possible