Great article, thanks for the link. Smart and well informed...

Great article, thanks for the link. Smart and well informed author is bullish on Lynas. But he wisely says stay away from the babies, the REE juniors who want to grow up to be just like Lynas. They simply aren't worth the risk. You want a rare earths company, then you want Lynas, the only legit game in town.

"Before I get to the financial numbers, I want to mention that I an not buying any of the rare earth junior miners. The problem is that RE mining and processing is technically challenging. So there's a steeper learning curve than in, say copper or zinc. The only way I can see a junior making it is by proving up a claim and selling out to an existing producer. There is a very small list of such producers, so the terms are not likely to be good. I know many SA readers like juniors because of the optionality to price upside. Sometimes that is the way to go. But not in this case."