NTU Open Forum., page-4

Of course not Andy. Think it through. You have totally missed the point of the report again. Theres a few points there you havent gotten right or overlooked. Here goes..

You keep suggesting that NTU is a producer. Its not. I understand you having come from LYC you might think this of NTU. But its only a pilot plant Andy. Its just for test work. Its not a full scale plant and so you cant expect full scale figures. So of course Hallgartens isnt going to look into test work much beyond what they have. I think thats pretty obvious.

Of course they arent going to look into the cahsflow much more than what they have. Because its a transitional stage. Thats silly to think otherwise. Its not meant to be fully operational. Thats why people dont go around saying spec stocks dont make enough money. Because its pointless. Its not meant to at that stage. Pretty obvious too.

So when you go through your little "Fail" list. Take a good hard look to see youre misunderstanding what a pilot plant is and test work is. "Test work" because they dont yet know the results. So the only Fail involved here is simply not understanding that testing anything is never guaranteed. So it cant Fail anything.

Youre getting far fetched Andy.If you expect a company to always know the future price of a commodity? Thats crazy to suggest a FAIL for because NO company knows that for sure. Not even BHP. You have overlooked this too it seems and it would obviously undo pretty much all you have suggested in one way or another.

Why dont you look at that sp chart posted in the Target Price thread and tell me how the only REE producer on that chart has failed to offer gains beyond NTU (which only has a pilot plant) if all what you say is remotely true.

If any of what you claim is relevant then the sp for NTU wouldnnt outperform. Yet it has done so. So what have you overlooked you think? Whats missing for us to find such an impressive out performance over the only other REE producing company on the ASX?

Greater return since inception, less debt and hasnt even got a full scale production facility up yet! Quite impressive effort by NTU really.

Then we might get to the truth of the matter behind whats actually going on right? Then too we can see the potential going forth for you to attain a better understanding on what Hallgartens (a highly credible professional body) are saying with a price target of 38 cents

So give it a shot Andy and hopefully youll come to understand your errors here.