To put things in comparing; see what is calculated
Post# of 35
At today’s NdPr market price of domestic China 375 RMB/ US$ 56.87 (02.11.17) Peak would deliver USD 69.21 Million positive cash only from the projected 2,810t p.a. NdPr sales
Peak Resources is the leading global development project with one of the world’s lowest operating costs of NdPr oxide.
They made a Project update last month, have you read it ?
https://wcsecure.weblink.com.au/pdf/PEK/01907100.pdf
This is a statement of the renewed bankable feasebility study, BFS.