re: Ann: Metal-Pages Shanghai Presentation - ... Tonio, 1. like...

re: Ann: Metal-Pages Shanghai Presentation - ... Tonio,


1. like I said I looked at a number of different production numbers - given the significant supply / demand imbalance for heavies I believe NTU production will be increased.

4,000 tonnes p.a. is already in the EPA Supporting Documentation ... (see Section 2.2) May 2013

https://www.google.com.au/url?sa=t&rct=j&q=&esrc=s&frm=1&source=web&cd=1&cad=rja&ved=0CCoQFjAA&url=https%3A%2F%2Fconsultation.epa.wa.gov.au%2Fseven-day-comment-on-referrals%2F13-184379%2Fsupporting_documents%2FSupporting%2520Information%2520Document.pdf&ei=mhA3UrHtJ6qMiQeNmoGoAw&usg=AFQjCNHelM77mbwugJps2DqiwDptJHlPbQ&bvm=bv.52164340,d.dGI

that 4,000 tonnes p.a. is already a significant 33% more than your 3,000 tonnes p.a.



2. According to the latest DJ Carmichael report of 28 February 2013 - page 4 under the heading Product Pricing NTU will be paid REO FOB China benchmark ... priced between 60% and 80% REO China FOB equivalents.

http://www.northernminerals.com.au/new/index.php?option=com_edocman&task=document.download&id=401&Itemid=217



3. My spreadsheet takes only 80% of the revenues after production costs. Wake up ... 80% of the revenues equates to a 20% discount. I used 80% (in lieu of 60%) as Northern Minerals have a superior product / superior heavy rare earth mix.



4. BRR audio broadcast at about 3.32 minutes in GB states the REO being produced are "well in excess of 92%"

http://www.brrmedia.com/event/112477/george-bauk-managing-directorceo

well in excess of 92% means "higher than 92%"



5. If you want to present your own assumptions then prepare your own spreadsheet.



6. Tonio, you claim to be a NTU shareholder, have rated NTU as a long term buy - yet in your latest post you are now telling us NTU will be making a loss? What an absolute joke, everyone can see through you, pretending to be a shareholder whilst coming on here and downramping.



7. Tonio, you have been advocating the “no” case to the sale of 16% of Browns Range, money Northern Minerals will need to progress our company up to bankable feasibility.

Teahouse asked a very relevant question of you Tonio :- “please quantify the long term wealth creation you foresee in your 'no' case scenario. Once you've done that in good faith, we'll see where you are coming from."

Yet you continue to avoid answering this one simple, but very relevant question.