i think we enter a similar period as the second half of 2021. I dont think the gold MRE will enthuse investors much (the recent quarterlies clearly emphasized the intention to change as much to 'indicated', which makes me think that there is no headline grabbing number coming up). As for REE, despite the best efforts to sell the news, it has fallen somewhat flat after the initial enthusiasm. It could be some time before they start drilling and receive assay results for REE. With no catalyst in the medium term, while it may look like somewhat stable at 1.8c for now, i dont think this will hold on for much longer. Unfortunately, we may see low to mid 1s in a couple of months.
ASR Price at posting:
1.9¢ Sentiment: None Disclosure: Held
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