Like most followers of ASR, I was a bit disappointed at the rinse and repeat nature of the last announcement with 'no new news...'
Re-reading the last presentation, and having a close look at the REE section, I ask the following - Is the 'ionic clay hosting' finding that is suggested new to us?
I don't recall previous discussions or releases in relation to this. Reading other recent REE companies announcements - seems to be quite a big deal.
From my limited understanding of the subject, I take it that it is a good thing if ASR REE's are hosted in ionic clay deposit and if so, they are relatively rare in Australia, with only a few confirmed deposits?
Is there a more knowledgeable follower who could assist to cover off on this?
ASR Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
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