I for one mostly enter low market cap, low SOI specs. Do I like...

I for one mostly enter low market cap, low SOI specs. Do I like the amount of SOI MRD? Probably not. However we can't ignore how MRD's Rare Earths play' positives outweigh the bad.

For example:

1. Most European and Western nations are itching to get away from the reliance on China for Rare Earths so SOI won't matter in this instance, the governments will pounce on any company with a sniff of REE. They give all sorts of assistance like grants and tax perks etc
2. MRD has a similar has a similar play to IXR's Makuutu REE Project in Uganda style deposit and is showing potential to host a major quantity of critical rare earths mineralisation (We are in a safer Jurisdiction, our own backyard WA)
3. The deposit is also thought to be similar to Chinese deposits (which is what the Western, Euro and even Asian nations want)
4. Mineralisation is evident in drilling over an area of 25km by 3km and is open to further delineation in all directions (this is only the beginning and I doubt it will come up dusters IMO)
5. Rare-earth elements (REEs) are used as components in high technology devices, including smart phones, digital cameras, computer hard disks, fluorescent and light-emitting-diode (LED) lights, flat screen televisions, computer monitors, and electronic displays etc. Moving away from a reliance on China is happening slowly but surely. Just look at what is happening with Russia and the sanctions placed on it for the war with Ukraine. China is in league with Russia and both nations are slowly being isolated. The problem the world has is almost everything is being manufactured in China because of its REE monopoly.

Still many more positives and the only negative I see so far is the SOI, that's about it.

If you look at the current chart you can't ignore that people really want into MRD due to the steady accumulation/consolidation and climb.

GLTA & DYOR