Myanmar border shut down....REE prices are going up, page-35

Looks as though a fresh set of eyes/investors at the table since our Korean friends joined the table.

That and the fact the $30m via the mmi drew further attention...that attention mainly at the fact that we already had $300m in conditional Government loans.

I'd hazard to guess but my gut tells me most of these new investors see ARU as the next LYC.....and at an entry price point in comparison quite rare. Rightly so imo.

There really isn't a comparative ASX listed company out there Re. Mine to metal, a one stop shop. HAS in all fairness doesn't meet that criteria. Its resource is headed to China in order to get the ball rolling. Great company, but not of the scale in as much as its simply an ore, then to China style play.

An early stage LYC is what is so attractive re ARU and its recent rise after several years in the dark looks to be reflecting it's early foresight of downstreaming at the one sight.

The kicker being we're $330m the way there with Conditional loans. $770m remaining given the scale and importance...and rarity of this project just adds to that appeal.