If the Avalon project is viable then NTU is a very good play....

If the Avalon project is viable then NTU is a very good play. Avalon has around 21% of product reporting to the heavy REE whereas NTU has 80%. The ore grades for TREO look similiar. Avalon feasibility in mid 2013 and if the processing plant is constructed output in say 2017- 2018 or so.

When the market is disinterested in a sector important progress is overlooked.

I really like the hydro metallurgical developments that NTU have progressed to produce a higher quality concentrate. This will be a premium concentrate that must be at or close to the best in the market.

It also facilities discussions a larger number of processing partners in Asia. The latest analysis on the REE market indicates the looming tightness in certain heavy REE as China both restricts their exports [quota is 85% light : 15% heavy] and stockpiles for own longer term use.