Have you realized if they start producing 22000 tons of rare earth with today's price i.e. $79.90/kg, sales revenue will be
+1.5 billion dollars. Even if prices goes down to $50/kg it will be + billion dollars.
They will start producing 3rd quarter this year. That is the biggest advantage as some other companies will take at least 2013/2014 to produce rare earth and they have 271 Million cash in hand.
Any comments please
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- sales revenue will be +billion dollars
sales revenue will be +billion dollars
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