CAZ's Carb Lake REE project is indeed a gem, the big carbonatite system is similar to CBMM and LYC
$8mil market cap with $5mil cash.
and have 7.1% niobium result.
About CBMM
The company has a current market capitalization of US$13bn based on the sale of 30% of CBMM in 2011 to two consortia for a total price of US$3.9bn, and the resource is around 450 Mt @ 2.5 % Nb2O5
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