Maybe.
It feels a bit like if you are only follow REE or RE somewhat broadly (which is most people), the most you might know is that Cummins Range rerate is due and you heard something about some sort of agreement with someone about offtake (Shenghe). Trundle holding maybe.
More people might be looking at rare earths recently (in the news a lot) and it was probably given a helpful nudge by our new significant investor.
But people who are following REE closely at the moment know there's Cummins Range rerate, Cummins Range drilling, Cummins Range metallurgy and initial studies, Cummins Range low CAPEX and mining in as soon as 2ish years, our first significant investor, Trundle assays, renewal of KCC agreement, KCC coming to ASX, CREC, Shenghe (indirectly MP and GGG), RET Co, is RET Co. going to list on the SGX?, the fact that NO ONE has picked up that REE makes an explicit mention of new potential Australian refineries (LYC, ILU, HAS, ARU) and is REE involved in any capacity, rare earth prices, rare earth sentiment, Byro East? Orange East? and other exploration, REE becoming easily accessible to the US market, the possibility of attracting US investors, the fact that REE has potential to one day be a global player in the REE space and random stuff that we just don't know about.
But the above is not most people.
And a lot of the above, we'll know something or much more about within a few months and onwards.
Also, REE doesn't necessarily have to pull of every single one of these things to perfection, but it's probably going to do ok enough at most of them - as best as the limited amount we know.
It's also just going to take time. Even if Cummins Range and Trundle turn into the world's best mines, it's just going to take time to get there. During that time people will sell, take profit, move on, lacklustre holes, etc. etc. etc. Action can happen on RET Co in much shorter timeframes.
Right now, Jeremy knows exactly what is going on with Cummins Range, he keeps tweeting RE prices, and is probably in negotiations all day every day connected to RET Co.
I don't fully understand all the potential workings, but there are very real scenarios where RET Co becomes a big player in the RE world, in the months and years ahead. Please speak with my immediate supervisor
@Blue swims if you have any further queries.
Yes, there might be some element of FOMO before the launch into US trading. Very possible. I feel like REE coming to trade in the US is going to be a big deal, but obviously the reality could be anything and it could end up all a bit ho-hum and just staying under the radar with only smatterings of orders. I know as much as the next loosely informed RE follower. You should not be taking any investment advice from a random post on an internet forum.
It feels like we're in a little bit of calm before the storm right now.
I hold REE and want it to do well, but I don't know anything more than the next RE interested person. I like sharing ideas and possibilites but people should do their own research and read and learn and make the most informed investing decisions as they are able to.
