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Re: chico237 post# 309

Wednesday, 06/08/2022 2:38:01 PM

Wednesday, June 08, 2022 2:38:01 PM

Post# of 391
Chico, Buddy, thanks for posting and for your anlysis ! Made your post 309 a sticky!

"The pre-tax capital payback is 1.5 years and after-tax capital payback is 1.8 years from start of production.
Initial capital costs: $422M (includes $61M contingency)"

I am hoping these figures appealing enough to get this off the ground late this or next year! (Although we know about the reality of managment timetables!)

Re-posting this link from GE11 on the NIOBF board. Given that USA Rareearths purchased a magnet factory from Hitachi in N.C. I am a bit surprised to see this factory opening in Oklahoma. (IIRC they will be processing their rare earths in Colorado so maybe that is the reason.) I have not seen any further mention of USA Rare Earths going public.

USARareEarth Stillwell Oklahoma Factory

I will be in and out this summer but I will continue to watch SearchMinerals, NIOBF and DMEHF and seeing if I can purchase a few more shares today.