So this company has a $142m AUD mcap and I wondered why when they have a $3B NPV and whopping 71% IRR in their FEED study.
But the assumed NdPr price in their study is now so far removed from the going rate, how do these financial metrics stack up with less than half the product price? Seems to be a common issue amongst REE developers, they all need $150+ NdPr oxide price to get over and all stuck in purgatory..
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- Completion of FEED and Value Engineering Study
Completion of FEED and Value Engineering Study, page-7
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