REE 8.33% 1.3¢ rarex limited

Ann: RareX acquires district-scale niobium project - East Yilgarn, page-7

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  1. 2,200 Posts.
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    https://hotcopper.com.au/data/attachments/6192/6192771-245b2739e76a67c3197d1a584c18a987.jpg
    IMHO, I think RareX have put themselves in a better position than most on the asx outside of the West Arunta to possibly replicate anything in the ball park of what WA1 has achieved. They have put their foot on a district scale opportunity stacked with geological, geophysical and geochemical targeting fruit with the Niobium/REE Carbonatite potential being the top priority. Worth noting that next door right on the boundary is Deep Yellows Mulga Rock Uranium/ Multi-Commodity deposit which happens to be stacked with Rare Earths that are part of the resource model.
    Doesn't take Einstein to work out that the REE's must be coming from a local source!!
    DYOR.
 
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