Ann: Drilling at Trundle Intersects Broad Mineralised Zones, page-40

When people study their investment in REE they probably fall into two categories - those who were in before the current run on Cummins Range, and those who bought after the news ann of 30/9/2020 (Spectacular Thick High Grade ....... etc etc - which was of course true - 41m @4% and assays up to 25% TREO)

The share price reaction to that news of 30/9/2020 is perfectly normal - it spiked up leaving an unfilled gap and (quite smoothly) retraced to the 50% level. (50% retrace would be 14c today - current SP is in a band 11 to 14c)

So early holders - not looking back to before Jan 2019 - are in the money today and those who bought the Cummins Spike are possibly not.

I hear you saying 'There has been fantastic news since (Trundle, Weld North further extensions of Cummins ore body)' but IMO these are just confirmations of the original price moving ann, without them SP would have sunk back to start level.

Now you have to do what Buffett would do - recognise the fundamental value of REE and be greedy when others are fearful.

IMO people who are feeling depressed should get a grip, work hard on the fundamentals of a valuable rare earth deposit and do their best to make advantage for themselves.

Just my personal views as always, DYOR.