the rise of asia, page-7

HM,

nice to have you back sharing your thoughts

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On a more micro level here are some numbers which I have crunched based using information revealed in the 28 February 2013 DJ Carmichael report perpared by leading Rare Earth Analyst David Rijkers

http://www.northernminerals.com.au/new/index.php?option=com_edocman&view=category&Itemid=217

Please note the cash costs at $30 per kg are on the very high side - to cover the underground mining

Given the prospective ground and the cash backing of CY I believe it's only a matter of time before Northern has proven up an economic resource of sufficient size

.... and based on my assessment the numbers are robust indeed ..

We have the Scoping Study numbers due the end of April which should confirm my viable assessment

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Also some further encouraging signs for the rare earth sector in general with the REMX chart revealing bullish divergence ...

have a great weekend everyone