It’s no secret that every second ASX junior hits a wall and has to reset—so no surprise this one didn’t pan out as originally planned. From what I’ve gathered, they hold a modest PGM JORC resource in terms of size and grade, and the gold appears to be refractory—meaning it can’t be economically extracted, at least for now. That’s a familiar story across the board.What sets this apart—and why I’m a shareholder—is their pivot to what I believe is one of the most compelling REE projects on the ASX relative to its market cap. Just take a look at the scoping study numbers—they speak for themselves.As for Bellend, maybe it’s time he took his bat and ball and went home. At this point, he’s just embarrassing himself and redefining what it means to be a sore loser.
BCM Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
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