I believe you are incorrect. I would much rather see a company report CLAY HOSTED Rare Earths, compared to hard rock.
The major difference between clay hosted REE and hard rock is that it is nearly impossible to mine hard rock REE deposits making them considerably less desirable.
EMU have hit high grade Clay hosted rare earths, which have been formed from hard rock. Over the decades hard rock weathers and the granite at surface level has turned into clay. Hence clay hosted rare earths. I would much rather have a clay hosted REE deposit than hard rock, because at the end of the day it’s needs to be economical to mine.
The last few reports from EMU have been convincing especially hitting such good grades next to our neighbours OD6. For the market cap it’s currently trading at EMU presents real value in the marketplace.
GLTAH
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Open | High | Low | Value | Volume |
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4 | 361654 | 0.019 |
1 | 55500 | 0.018 |
1 | 147058 | 0.017 |
1 | 60000 | 0.016 |
Price($) | Vol. | No. |
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0.022 | 127599 | 2 |
0.023 | 295600 | 1 |
0.030 | 365997 | 2 |
0.120 | 833334 | 1 |
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