Wow CXX EE1 now Panda Hill!
https://www.pandahillmining.com/what-we-do
https://nextinvestors.com/articles/is-cxx-the-worlds-next-niobium-producerIs CXX the World’s Next Niobium Producer?
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It looks like there is soon to be a new entrant in the tightly held Niobium market...
Financially the pair are working from a powerful base.
Now could be a good time to put your feelers into this Cradle.
We first alerted our readers to this stock in January 2014 in our article, “ ”.
The CXX ‘Mantra’
With these guys at the helm, CXX is hoping to gain similar traction and growth.
The Tanzanian play
CXX has its mitts on an economically viable high-grade niobium project located in one of the most low-cost areas in the world.
Before we go too far, let’s have a look at what niobium actually is.
The demand for Niobium has steadily increased since 2000, and is forecast to grow at .
Recapping the Cradle
Mapped out below is CXX’s Panda Hill Project location, in Tanzania:
Today CXX has a high grade resource backed by a DFS that supports economic production
For starters, here’s that summary of all the key financial metrics again:
Here are the highlights of the project:
Here is what niobium prices have been doing according to resource analyst specialist Roskill:
Although these are not the most up to date figures, one aspect is incredibly interesting.
Here’s the most up to date table indicating how stable niobium prices have remained:
CXX’s cost-structure is neatly below the industry average, with strong margins likely
CXX’s all-inclusive operating cost is just US$21.34/kg.
...and then ramp up to producing 2.6Mtpa in Year 5.
According to the DFS, Year 5 is when the margins will receive a significant livener...
...and yet, CXX remains capped at A$45MN...
In our view, calling that an oversight is an understatement.
Running a peer comparison underlines how competitive Panda Hill is on cost
What do the analysts think?
As part of our stock-vetting process, we always like to see what analysts have to say.
Click on the image to read Mirabaud’s Nikolas Toleris full report:
Taking two steps back, to go three steps forward
Here’s what niobium looks like and what it’s used for:
Today, – and that’s expected to grow because of the advantages niobium delivers for end-users.
Here’s a photo of Panda Hills final product, recently tested at the ANSTO facility in Sydney.
The niobium market has been kept tighter than an Olympic weightlifter’s Lycra on competition day...
And if you were wondering what this family looks like, here they all are:
When we compare the two companies side-by-side, it’s clearly a case of David & Goliath.
CBMM is worth around $13BN and makes around $600MN profit per year.
The wider niobium industry is thriving
CXX wants to shoehorn itself into this tightly-held market, to produce around 6% of the world’s supply when it goes into production in around 2 years’ time
From the Cradle to the Bank
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Wow CXX EE1 now Panda...
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