Are there even any hard rock carbonatite projects currently operating? Monazites/apatites yes, but I havent come across a carbonatite project yet.
At least with clay that is a known quantity with majority of current global REE productioin coming from clay.
Sentiment changed to Buy, did some reading over the weekend and OD6 have demonstrated the highest average mag REE recovery over IXR, KTA, ITM, AR3 group of clay explorers/developers. None of the Aus based clay plays have released acid consumption so I agree with other posters that its too early to start talking economics when AR3 now $60m mcap with 100mt resource hasnt shared acid consumption data yet either. Thanks for the robust discussion everyone.
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