Pretty obvious whatever they have got it will be an open pit with similarities to HAS. Once the assays are in they should be able to acquire offtake agreements with majors, the demand for neodymium/praseodymium and other rare earths LNR will mine will escalate over the next few years and so will the price.
WA is rich in rare earth deposits with some of the best finds in the world.
It is not surprising that Datt Capital are acquiring LNR at a not so modest rate and already are invested into DRE.
Datt believe China will start to restrict their exports of rare earths if the Taiwan situation worsens or the USA continues to antagonise China.
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