I always try to play devil's advocate with myself and my investments, but aside from EL's being swept from under us or the W.A./Federal Govt's inexplicably not wanting to continue to push the REE industry, I really don't see any other reason for the SP to continue at these levels. 5c seems only scratching 'fair' value given the news flow and various potential positive outcomes we now have. To be fair, 12mths ago I did feel like this could be a bit of a Director's fee lifestyle company, but I have totally revoked that feeling now. With the Board additions and tentacles going in all directions, I'm absolutely stoked with management.
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- Potential discovery of REE mineralised "Yangibana style" ironstone
Potential discovery of REE mineralised "Yangibana style" ironstone, page-63
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