I was thinking the same.
Spend a million or so over the next year proving up the resource and get to DFS stage. US scrambling for REE supply. We’re in a prime position. Sell the company for $50m-$100m in 2026.
I’d take that!
The latest presentation has a lot of emphasis towards scandium. That seems a little bit specific and unusual to me. Why only pick that REE out? Maybe they are in discussions with a major Sc user already? Or pitching to companies in need of Sc supply long term?
I feel like a few things are going on behind the scenes we’re unaware of, yet.
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Last
0.7¢ |
Change
-0.001(7.14%) |
Mkt cap ! $9.474M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $38.08K | 5.449M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 63709632 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1548750 | 2 |
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| Last trade - 14.44pm 07/08/2025 (20 minute delay) ? |
| ENV (ASX) Chart |