lol
I recall no such thing in 2011 dude because it never happened. Might want to check your facts before making such ludicrous comments. Not entirely sure what relevance your comments about Lynas has here. While you have clearly manufactured your own fantasy of what happened, its entirely irrelevant.
Are you able to substantiate your claim that Jien Mining was involved in any optimisation work at all? I believe you are simply manufacturing another fantasy story to support your POV.
The only thing the recent announcement about another change in the company's business plan proves is that the negative posters were right all along, the companies business plan was not viable. It was viable based on the fantasy REO prices used in the DFS. A DFS released at the beginning of the year and is now already redundant. How many millions of dollars did the company waste producing that rubbish DFS?
Whatever simple point you think you made is largely based on incorrect and unsubstantiated information and has absolutely no credibility IMO.
NTU have already given control of the company to the Chinese and still no project funding or binding off take agreements. What will the Chinese want in return for project funding? What value will it bring to the suffering LT SH who are yet to see any sort of return on there NTU investment? None IMO.
Says it all really...
NTU Price at posting:
20.0¢ Sentiment: Buy Disclosure: Not Held
(20min delay)