Who is saying that? Show me a SS/DFS of a rare earth player that can make money at these prices or has better economics than MEI in general. Take a look at ARU.
They have a higher NPV sure but capex is 2.4bn and IRR is only 19% and their assumed NdPr Price LOM is $130/kg whereas MEI is using adamas $110/kg.
Ann: Caldeira's Scoping Study Confirms Exceptional Financials, page-120
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Last
12.0¢ |
Change
0.020(20.0%) |
Mkt cap ! $275.8M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 12.0¢ | 10.3¢ | $1.068M | 9.775M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 339129 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 1508043 | 15 |
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