Ann: Multiple, Large Scale REE-Nb-Ti-P Carbonatites, page-145

there is probably a degree of appetite to sell at circa 12c for all those who got in between 3.5 - 4.5 c in order to establish free carry or just check out and look for the next ST opportunity. People have different risk/investment horizons....bigger players probably are restricted by mandates or hesitant to play in the DRE sandpit until the JORCs hit the street. For all I know we could be back at 6c in a week if Vladimir does something dumb...the tilt to renewables is not going to slow in the long term..and these boys are demonstrating a highly evolved sense of smell when it comes to exploration of minerals..I'm staying on this horse for a long time if I can.