Ann: Company and Projects Update, page-23

It's potentially a very good long term deal for RareX but yes, it's a little bit vertical.

They are just buying out Talaxis's holding of the company, which seems a little strange perhaps. What was in it for Talaxis? I mean, perhaps a few percent of REE...? Anything more?

Let's assume any more costs to do with Weld North are accounted for and it's likely that the last capital raise is enough for the next phase of Cummins Range.

Let's say there's some first drilling in the next couple of months at Byro East. Depending on exact cost, this is when we may start getting into capital raise territory again. The timing does feel like another one in the next couple of months.