From what I understand the Chinese have pushed down the prices of Rare Earths, probably to keep competitors out of business. The government have picked their favourite RE miner and that is Lynas so they have the best chance of making money from rare earths. The other explorers will be struggling to get any project up until rare earth prices increase and that will probably be when China starts WW3, which could be anytime. In the meantime Caspin should do the development and study work so the project can be kicked in when rate earth prices go back to where they would be if the market wasn't manipulated by the Chinese government.
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From what I understand the Chinese have pushed down the prices...
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