i am trying to put together why the market has punished this REE discovery compared to others pricing it as zero, and i mean zero compared to before it was announced, the last 3.4c CR/SPP was met with instant selling all the way down to 1.6c which is the nly real indication i can see that would make the market turn its back on these results.
someone the other day mentioned TAR pumped the market on the Flinders copper discovery, all I can see is a small FOMO event, all of the REE news has never seen any indications of sudden spikes before newsflow telling me everything is well and truly above board within pointing towards a very tight company.
Lets see how this plays out, maybe they are planning on using the 10% capacity to raise another quick $1.5mill at lows before the next lot of results and testing
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i am trying to put together why the market has punished this REE...
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