I don't think it is a hoax. Tony Sage, who is behind CRML and EUR, is merely not the best judge of what will work.
I own shares in his company Cyclone Metals (CLE), whose shares currently stand at zero buyers for zero shares, and 89 sellers for 247,823,817 shares.
The last sale price was $0.001. At least it can't go any lower!
The big issue with Tanbreez is how are they going to extract REE's from eudialyte. An efficient method, published this year, uses strong acids followed by magnetic separation. However it has only been used in a laboratory, not at industrial scale
Silin, I., Dertmann, C., Cvetkovic, V.S., Stopic, S. and Friedrich, B., 2024. Prevention of Silica Gel Formation for Eudialyte Study Using New Digestion Reactor. Minerals, 14(2), p.124.
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