OK - I know that strictly speaking this is off-topic re Lynas, but as we're talking about where Lynas is in comparison to other rare earths companies, I hope I won't get mderated for pointing out one other company that nobody seems to have really cottoned onto yet.
Kimberley Rare Earths (KRE) is the Cummins Range deposit that was recently spun off from Navigator Resources. While it is still only an exploration deposit - it is JORC'd and has previously been worked up by Rio before Navigator got it.
With the trouble that NAV is in, they should have kept this deposit, but nevertheless, they spun it out as a separate company, KRE.
Now - the reason I'm mentioning it here is that if anyone wants to have a bob each way, and get in VERY early into a JORC resource, then KRE may be worth a look.
The main point is that the composition of the deposit is supposedly VERY SIMILAR IN MAKE-UP TO MT WELD.... ;)
Obvioulsy, they are nowhere NEAR being a production company yet - but the deposit looks VERY promising, and if they play their cards right, then they may be one for the future - or for a takeover.... Not saying by Lynas, but stranger things have happened.
Disclaimer: I hold a parcel of KRE for long term bottom drawer. Same drawer as my LYC, ARU and ALK. Those four are my REE exposure.
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