I was just reading about the other new player soon to be on the block Brazilian Rare Earths. They have ~461 square kilometres of tenements in Brazil with a maiden JORC resource of ~169 million tonnes at ~1526 ppm TREO. Hancock Prospecting has entered a $21 million private round of funding with BRE aiming for an early 2023 ASX listing through an $20–$30 million IPO. So, it will be very interesting to see what MC this will be valued at for comparison.
Also saw this interview (dated about a month ago) looks like interest is increasing in Brazil, lots of eyes watching and I'm not surprised given MEI's whopper of an MRE. Who knows we may have new neighbours soon?
Oh, does anyone have a link to the conference today?
Ann: Caldeira REE Project Maiden Mineral Resource, page-78
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