Annual report on Alice, page-5

" Sure they have $16M now, but they had over $32M a couple of years ago."

So theyve burnt through $16m in a few years? Doing what exactly, I was under the impression the project was on care and maintenance effectively until the REE price improved
No wonder this ones such an underperformer

At this rate if they keep focusing on this Rare Earth project then they might burn through the remaining $16m

Saving grace might be a re boom in rare earths but I cant see that on the horizon which is hwy diversification into other projects is essential