Post by
rexrex on Mar 14, 2018 10:15am
Steady accumulation
still cheap at 20s and 30s level imo....once Lofdal licence is approved...20s will be a thing of the past...
train is leaving the station slowly but surely indeed ... imo..
do your reasearch...all good things come to those who research....
https://www.namibiarareearths.com/upload/Corporate_Overview_March_2018.pdf
Lofdal is the most advanced project in the portfolio with a 43-101 compliant resource and Preliminary Economic Assessment completed in 2014
• Completed Environmental Impact Assessment in 2016
• Environmental Clearance Certificate granted in 2017
• Mining Licence application pending Lofdal is a unique opportunity to develop a low cost, heavy rare earth mine producing significant quantities of dysprosium, terbium and yttrium from the principal mineral, xenotime.
The project has very similar mineralogical characteristics to the Brown’s Range deposit in Australia which is currently under development by Northern Minerals (ASX:NTU) with AUS$97M of financing in place to complete an initial three year pilot phase operating at 72,000 tpa