REE 3.85% 1.3¢ rarex limited

Ann: STRONG ASSAYS FROM CUMMINS RANGE HIGHLIGHT DEPTH EXTENSIONS, page-80

  1. 2,496 Posts.
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    There is a comment over at ARU that states:

    "REE with Cummins Range is early stage which has its advantages in the speculation space. The reality? The resource is modest grade, very small and very likely to remain so, even with recent drilling. Still have many years of multiple cap raisings to fund metallurgy, scoping, pre and final feasibility, environmental, approvals, engineering, product marketing ahead of them, assuming the resource size supports all the above."

    https://hotcopper.com.au/threads/long-term-option.5837918/

    I feel the overall sentiment of this is not fully accurate but don't have a strong enough of an understanding of the overall progress forward to make an as informed comment as I would like. If anyone else wants to have a go, they are welcome.
 
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