The problem with all the rare earth explorers is that China dominates the market and is keeping the prices depressed, so competitors trying to get in the door will fine financing hard and feasibility hard to stack up. For example NdPr around $50kg USD will not fly. It needs to be over $100kg USD
still DYOR
News: EQN Equinox Resources Announces Completion Of Oversubscribed Equity Placement, page-2
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