It's a little complicated.
REE originally picked up the Byro tenements. September 2020:
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02282927-6A996759?access_token=83ff96335c2d45a094df02a206a39ff4
and then a couple of other land areas got added. Then it was a bit quiet and Ni-Cu-PGE got introduced. And then it was still quiet.
Cosmos got spun out of REE as the "non-RE" holdings of REE. The Cosmos proposition downplayed the existence of the RE at Byro.
RareX Ltd still holds most of the Byro tenements but there is some legal arrangement where essentially Cosmos has full control over them. There are a lot of intertwinings still and I think Cosmos is some sort of associate legal entity of RareX (but don't quote me on that). The two companies share the same office, along with GT1.
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- Ann: Significant Rare Earths Potential at Byro East, WA
Ann: Significant Rare Earths Potential at Byro East, WA, page-21
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