Ann: Exceptional Rare Earth Drill Results At Morgans Creek, page-100

What an MD says about his own testing doesn't really count. Good to here the confidence and I think Line seems to be an honest fellow. But nonetheless. Its a lot of money potentially to be thrown down on TAR. From reading the other posts here about REE being weakly bound or strongly bound that affects the leaching and then the economics of the project, there is more to know yet. What SF2TH said about projects being economic is food for thought.

ANSTO is the independent body that will verify one way or the other. The day those results come back and its all good, then the professional fund managers will start buying, I suppose.

Apart from all that, it is still a massive risk on environment right now. Global recession ? Do you read the newspapers ?
TAR is speculative in any market and especially this market. The danger of a global recession and if Australia is sucked into it has to go one way or the other before alot of money on the sidelines is freed up.

And a CR is around the corner. We understand it is a necessary growing pain. Hopefully the CR is managed well and current holders are made an offer and is less than current share price and if the results of the ANSTO testing come out before it closes then the CR might be a great success for the company and holders. No one should complain about dilution. It is like complaining about buying larger clothes for growing children.

Anything in the 3s is cheap. Just be patient. This time next year the MC might be 200M, which is 10 times where it is now.