For those of us holding for 2-3 years or more it is hard to not regret taking profits in the 5c+ range.
Particularly after sitting at ~1c for so long before that.
Given pricing of the the resource we're seeking is a plaything for the PRC there was an extra level of risk I hadn't fully appreciated. Then there is the empty platitudes from western nations about the need for REE supply outside China's orbit/control. Little concrete progress on that front for years now as the international temperature dropped and as the PRC actioned their near-monopoly.
If we have what we think we do, how could a big deal have not been made? To secure supply to multiple nations? It doesn't make sense.
I used to have a lot of faith in management. More than any other holding in the portfolio. Somehow that has dissipated. It may not be fully their fault, but it is what it is.
Still barely in the green, but nothing like it was 2 years ago.
GLTAH. DYOR.
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