REE 7.69% 1.4¢ rarex limited

Ann: EXPLORATION UNDERWAY AT HIGHLY PROSPECTIVE WELD NORTH, page-41

  1. 2,494 Posts.
    lightbulb Created with Sketch. 319
    "All assays have now been received for Rare Earths and associated elements. Selected intervals of most geological interest will be submitted for Au and PGEs and will be reported on January 2021 together with results from recently completed drilling at Weld North."

    Just coming back to this sentence from yesterday's Cummins Range announcement. Admittedly though, there isn't really much more to say that hasn't been said.

    If we take it, that it is now known that drilling has shown granite or otherwise AND if we take it, that the company is more likely than not to submit material that is not granite, it COULD be implied that it's more likely than not that there is something at WN.

    Here's a question - would the company submit analysis for whatever it is that they dug up, even if they were sure it was just granite - just to cover every base? or would you only submit material if you believed that initial examination had something to show.

    Back to waiting for a month.
 
watchlist Created with Sketch. Add REE (ASX) to my watchlist
(20min delay)
Last
1.4¢
Change
0.001(7.69%)
Mkt cap ! $11.06M
Open High Low Value Volume
1.4¢ 1.4¢ 1.3¢ $9.953K 746.9K

Buyers (Bids)

No. Vol. Price($)
14 3517172 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 443903 9
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
REE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.