Great analysis Prawn manThe market has not yet grasped that we...

Great analysis Prawn man

The market has not yet grasped that we will be bigger than MP Materials and have a cleaner resource and will have a lower capex and processing costs and will be a cornerstone of the upcoming USA Government and Defence Department closed loop goal for REE mining to magnets. We have only explored a quarter of the area. We are drilling to over twice the current depth of around 150m and the most recent drilling has discovered REE concentrations which are 50% and more higher than the current measured resource. This adds up to 4 multiplied by 2 multiplied by 1.5 or a resource 12 times greater than our existing world class JORC resource.

I estimate the shorting total came down yesterday from 1.1mill to 800k so the shorters are getting nervous. The algos are still running and today there was a concerted effort to keep the price under 0.14. This manipulation is unethical and takes advantage of the nervousness in markets owing to geopolitics and high interest rates.
This is from todays ann. The Halleck Creek project was previously announced to be a 1.43 billion tonne JORC resource making it potentially the largest strategic rare earth project in the United States.

. A director owes a fiduciary duty to shareholders and potential shareholders and cannot make this bold claim unless it is underpinned by hard facts. We have potentially 12 times this 1.43 billion tonne resource plus 2 other monster projects.
It only takes one large USA investor to have a Eureka moment and chase around 10 million shares over a few days to drive the price past the previous high of 0.585.