Yes. The following from Marmota Chairman Dr Colin Rose makes me...

Yes. The following from Marmota Chairman Dr Colin Rose makes me think they will wait for higher prices:

Target 21 has yielded Marmota’s highest rare earth TREOs, remarkably close to surface, and amongst the highest industry ratios of high-value magnetic rare earths to total TREOs. It is a model that suits us perfectly, close to surface with low cost exploration, and low cost potential mining.

With REE, once you have found them, the tricky and expensive part is the processing and that is an area that is changing and developing very rapidly with technological advances. We are delighted to add REE as another arrow in Marmota’s quiver, perhaps best developed when the REE market has matured further.

Marmota shareholders are fortunate to have an embarrassment of riches at the present time, with the Company’s advanced gold projects featuring outstanding bonanza grades close to surface, metallurgical optimisation already underway and the gold price at new record levels, and our Junction Dam uranium resource that is surging to grow together with extremely attractive uranium fundamentals, and the Boss mine next door recommencing production. ”