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Thursday, February 10, 2022 8:37:05 AM
As of February 4, 2022, the registrant had 264,903,954 Common Shares outstanding.
The Company’s current planned operational needs are approximately $6.5 million until June 30, 2022.
As of December 31, 2021, the Company had cash of $4,866.
4 million options at .76 CAD will expire on 3/6/2022.
The first set of warrants expires on 12/18/2022. 500,000 shares at .80 CAD.
Jim Sims response to a couple of questions:
Questions regarding the just released quarterly report.:
The prepaid expenses are much higher than in the past. Additional info?
_ _ _ _ _ _ _ _
Most of this is related to some up-front payments that we made to our metallurgical consultants who are doing process optimization and rare earth extraction work.
_ _ _ _ _ _ _
Exploration expense much higher than in the past. Additional info?
_ _ _ _ _ _ _
These costs were related to work we did on high pressure grinding rolls (HPGR) comminution testing, process optimization, demonstration plant EPC efforts, Equator Principles program development, and efforts to update the existing mineral resource with rare earths.
_ _ _ _ _ _
https://www.911metallurgist.com/equipment/laboratory/comminution-testing/
In the meantime the price of our 3 oxides continue to improve.
Price per KG will be used:
_ _ _ _ _ _ _ _ _ 12/15/2021 _ _ _ _ _ _ 2/9/2022
Terbium Oxide _ _ _ $1751 _ _ _ _ _ _ _ _ _ $2175
dysprosium Oxide _ _ $458 _ _ _ _ _ _ _ _ _ _$476
NdPr Oxide _ _ _ _ _ $133 _ _ _ _ _ _ _ _ _ _$152
With the 2/9 prices, in rough calculation, increases my estimated profit from around 110 million to around 125 million annual profit, from the REE's alone.
In my opinion we are moving forward, utilizing every cent available to move the project to fruition.
Happy Investing!
Recent NB News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 04:28:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:02:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:01:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:01:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:00:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:00:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/22/2023 09:00:27 PM
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 12/21/2023 09:45:51 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/20/2023 09:55:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/17/2023 09:30:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/17/2023 09:30:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/17/2023 09:30:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/13/2023 12:30:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/12/2023 09:01:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/07/2023 12:30:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/06/2023 12:30:17 PM
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