comments from robin bromby, page-5

the analyst reports, posted by Longtermlegs, suggest NTU will recieve 25% of their basket price for the REE in concentrate

1.44MT x 80% recovery x 0.73% grade x 25% of basket price x $120/kg basket price equals $252M in-situ

divided by 240m shares + in-the-money options = $1.05 per share insitu

then subtract $20/kg in operating costs, comes to $84M in-situ or 33 cents per share

then subtract 30% and 5% depreciation & interest and it comes to 23 cents in-situ

small is beautiful, baby

good things come in small packages

keep dreaming the dream, baby