It's been my hunch for some time that REE has got their nickers in a twist over the MoU with Shenghe - my view was it was not popular with shareholders and also not with Oz and US and EU governments. Just a hunch OK !! Sweep it unnoticed under the carpet is the best thing for it IMO.
And
@mornington the recent round of drilling including deep diamond has ONLY JUST started - your post is misleading, check here -- 3 weeks ago !!!
It could be two months till the assays come through, unless they hurry selected sections. That drilling is what share price is waiting for, I expect some buying in anticipation, so does Morningstar it appears. They value it up 40% from current.
