ICG inca minerals limited

Ann: Trading Halt, page-47

  1. 6,534 Posts.
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    Forget critical minerals -the world is awash with so called critical minerals -most have very small opaque markets -most are loss making operations and most have readily available alternatives. I was chasing rare earths out of Alice Springs in a listing on ASX in '71 -still vividly recall the hype 60+ years ago.
    China flouts all rules - kids mining cobatl in the Congo - the incredible enviromental destruction with nickel in Indonesia repeated with every other so called critical mineral in China with no regard for the enviroment and hell holes like Myanmar.
    My bet not one of the current crop of rare earths aspirants will ever see the light of day and if they do will struggle to make a profit. As for antimony its so called rarity a flash in the pan. Antimony will end in tears -
    Stick with basic commodities and even they are under threat with the present Govt -the Greens and Plibersek.
 
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