$MP
$NIOBF
$USAR
CRml owns Tanbreez a 4700 Mt Zr Nb Ta Ga REO deposit .
Crml at 11.2$ should go to 87$ with publication of correct NPV .
NPV was calculated in PEA dated 4/2025 with 7 errors , main error is giving to a component at 17% of ore , eudialyte, % in metals oxides of ore , that reduces revenue by 83% !
Given NPV is 3 B$ and correcting the errors ,with 3 errors rising NPV i found 27.8B$ .
I am saying that on x and stocktwits since one year but very few people seems to read , understand or simply want to earn money
Crml ordered a DFS from danish Niras on 8/8/2025 they probably calculated DFS allowing management to profit of insider info.
process ,
magnetic separation and flotation to eudialyte concentrate done in Greenland and eudialyte acid digestion and classical salts separation are well known and documented for similar deposits , tanbreez , norra karr , lovozero , a deposit in Canada .
DFS duration should be less than 1 year .
$NIOBF
With today value for scandium oxide instead of fantasy price 3674$/kg in
https://www.niocorp.com/wp-content/uploads/NioCorp_June-2022_NI_43-101_Technical_Report.pdf
NPV for Elk creek project is -0.22B$
ton extracted*price from Technical report
Niobium 171140*46.55/1000000 = 7,967B$
Titanum oxide 431793*0.99/1000000 = 0,427B$
Scandium oxide 3676*3674/1000000 = 13,506B$
7.966+0.427+13.5 = 21,893B$
They take 3674$ / kg for scandium oxide !
today price if 742$ /kg on SMM and 672$/kg on scrapmonster and 767$/kg on business analytiq.
let’s take 767$/ kg , revenue from Sc is
3676*767/1000000 = 2,819B$ a
13.505-2.819 = 10,686B$ reduction
revenue is 7.966+0.427+2.819 = 11,212B$ so
11212/36 = 311,444$ /ton ore
without REO so operating margin
11.212-6.754 = 4,458B$ instead of 14.717B$
capital cost 1.606B$
NPV before tax
1/38*1/1.08*(1-1/1.08^38)/(1-1/1.08) = 0,311
4.458*0.311-1.606 = -0,22B$
