340 market cap, with 1 billion debt+, once in production in 2027 , "will" deliver EBITDA of A$573m p.a at US$130/kg NdPr oxide selling price ( from its study)., now Ndpr price is $50, What's more, production costs have soared since the study. This is a project that relies heavily on super high rare earth prices. If anything goes wrong, the project will go bankrupt quickly .good luck shareholders and australian tax payer. CR is coming , not a good look
Ann: Commonwealth Government supports Nolans with US$533m package, page-5
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