gone up too much too fast. no info on cost/PEA/ etc. look at other rare earth stocks -struggling.
article Over 2 billion tons of rare Earth mineral found in US could make country the new 'world leader'
https://www.unilad.com/news/us-news/rare-earth-minerals-found-wyoming-859792-20240209
is hyped up. the low grade of the deposit(its 0.3% grade) means 2 billion tonnes is just the ore, the actual content of the discovery is a mere fraction. the article failed to point this basic info out re grade. its so basic fact, the article seems to be a bit of a pump
There are no non clay rare earth operations in the world at this grade. The only other non clay ones- MP and Lynas, and ILU are 5-20% grade+
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