I'm not very knowledgeable either with REE just that its very hard to locate hence the name.....looking at the announcement though and with the already confirmed prospect of BRE and the possible capitalisation of 315million with a 50million IPO to commence on the ASX it seems very promising. Look at the proximity of the land and GMN have right along and in amongst it. Can't be a bad thing. Happy to wait and see what comes of it. GLTAH for the rest of the day and future announcements.
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