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0.00% 2.1¢ askari metals limited

Ann: Auger Drilling at Red Peak Identifies High Grade REE, page-5

  1. PennyP
    2,842 Posts.
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    09/05/24
    14:23
    Post #: 73744593
    Unfortunately the market is ignoring REE projects. The Chinese are keeping NdPr prices down around $50kg to keep competitors out of the market. In Australia we need closer to $100 kg for any REE project economics to stack up.
    AS2 Price at posting: 5.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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  3. PennyP
    2,842 Posts.
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    09/05/24
    14:25
    Post #: 73744579
    Unfortunately the market is ignoring REE projects. The Chinese are keeping NdPr prices down around $50kg to keep competitors out of the market. In Australia we need closer to $100 kg for any REE project economics to stack up. Look at MRD, MHK, WC1 and OD6 poor sods.
    AS2 Price at posting: 5.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
  4. PennyP
    2,842 Posts.
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    09/05/24
    14:26
    Post #: 73744571
    Unfortunately the market is ignoring REE projects. The Chinese are keeping NdPr prices down around $50kg to keep competitors out of the market. In Australia we need closer to $100 kg for any REE project economics to stack up. Look at MRD, MHK, WC1 and OD6 poor sods.
    AS2 Price at posting: 5.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
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