As Rick Rule says: the cure for high prices is high prices. This...

As Rick Rule says: the cure for high prices is high prices.

This is to say (still channelling Rick), if prices remain high then one would expect this to incentivise new supply.

So in the environment of high prices, where are the off-takes?

Further, gold resources can get picked up for well under 10% of the prevailing market price of gold/oz (see MGV/STK). MGV Measured + Indicated Gold Resources was valued at about 14% of XAUAUD. Applying the same methodology to AEV would imply it is trading at a deep discount. If rock phosphate is in such high demand, then why hasn't another party offered to buy AEV or the resource?

I've been consistent since first posting; I am here only for the DSO project. This could be the potential game-changer for AEV. But show me the money (company feasibility studies/off-takes). I assign little value to the LFP Project as I regard it as a pipe-dream for a minnow. I'm not alone in this thinking. ALEEES, another minnow, wants to be paid for its participation; USD2m by 24/12 in cash or shares in kind.