IMO the market was expecting the next announcement, which we got yesterday, would have confirmed that the REE's were IAC contained, and that didn't happen. I believe that a lot of the rise in the SP recently was due to the fact that IAC's would be confirmed and when they were not, the market is now looking a lot more closely in the detail and data, and not just the headlines in bold. I am still hopeful that we have a good thing here, but less so after yesterday's announcement. A few red flags in the announcement for me, maybe for the market as well. Who knows, time will tell.
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