Ann: Peak to Increase Focus on Magnet Metal Rare Earths, page-2

Very interesting announcement worthy of reading.
1) Focus on producing Neodymium and Praseodymium
2) Neodymium and Praseodymium 47% of world rare earth market in 2011
3) Neodymium and Praseodymium 74% of world rare earth market in 2014
4) Projected 7% rise in demand per annum until 2020 for N and P
5) Removal of 80% of the Cerium early in the process, reducing the main operating cost drivers by 60%
6) Main operating cost drivers are Hydrochloric and Oxalic acid (60% reduction in use)
These 2 acids are 35% of the total operating costs of Ngualla (reduced by 60%)
7) Removal of 80% Cerium only reduces overall project revenue by 6%
8) Neodymium and Praseodymium constitutes 81% of Ngualla revenue.
This all indicates a further significant reduction in CAPEX and OPEX with the details yet to be announced.
Looking better and better as time progresses.
Strong buy IMO.