Curran Report

Given the level of naive & repetitive dross here may be worthwhile to review a professional opinion from Michael Evans, Curran & Co:

# In the present June quarter Curran & Co estimates higher neodymium-praseodymium sales will be the primary driver of a 10% increase in the average realized price, while a 44% increase in production will reduce unit costs by 28%.

# The note says the expectation now is that there will be a free cash flow in the quarter ending June 30 of A$6.7 million.

# with minor forecast price increases in the average REE price achieved, and lower until costs through economies of scale, he expects margins to improve in the short term.

# expecting a 28% fall in all-in cash producing costs to $10.30 a kilogram (it was an estimated $14.40 in the March quarter).

# predicting, for the June quarter, NdPr production of 1,100 tonnes and total REE output of 3,667 tonnes, which would be 16% up on the three months to December 31, 2015, but a 44% gain on the constrained March quarter.

http://investorintel.com/technology...ded-for-record-breaking-quarter-says-analyst/

More than happy to back Evans against a parrot & a blogger that punted Dacha Strategic Metals.