RAU 0.00% 49.0¢ resouro strategic metals inc.

Ann: Investor Presentation - June 2024, page-9

  1. 2ic
    5,784 Posts.
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    not saying the project is dead, but agree the anatase could be unmarketable for material revenue. A lot of very cheap slag quality ilmenite is coming online, with no or very little contaminants and valuable pig-iron as a bi-product credit. Noted that the metallurgy discussion said large samples were run through labs for REE and TiO2 testing, yet only REE results were released in the prospectus... red flags. This project continues the 'Cambrian Explosion' of REE lifeforms as the market looks to replace China's dominance and hoped for RE-magnet growth. In true Darwinian style, time will what survives and what weird project are evolutionary dead ends...
 
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