It really does seem we are in the early stages of having turned a corner. The plan is in place and i think its a good one, thats as things stand right now with depressed prices for the REE's etc. Should that REE market make a u-turn we very easy could be given a huge boost from that alone, let alone if we get to the point where the value of gold we have mined more than equals our current market cap. This could quite possibly happen at a time where the gold price is mooning further still and investors start to look at the producers and further down the chain to explorers that offer more upside potential than physical gold alone would appear to offer them. So we will be a producer by then, likely with a growing resource. That ticks two boxes. add to that a handy stack of rare earths with attractive grade profiles in a tenement that has hardly been tapped. Not to mention all the other bits and pieces bubbling away.
With all the trade wars, potential and actual kinetic wars, ongoing electrificatioin in all its forms, the worm will eventually turn for the rare earths. Its obviously on the minds of many in power. Trump seems to be targetting Ukraines rare earths as a way of paying for the ongoing military assistance US is providing there. Did he not hear of DRE or many of the other australian rare earth co's that seem to have shit load of supply (ready to go) and are in a peaceful friendly jurisdiction I wonder ?
DRE Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
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