VanEck Rare Earth/Strategic Metals ETF up about 5% for the week and looks like it wants to go higher.
IXR ownership leaps from 51% to 60%.
I.E. basket price climbing again and % of Rwenzori up approx 15-16%....
That's a rather large potential EBITA leap, which IMO increases likelihood of partnerships and future finance.
Plus,
Demo plant approval. Green light from Uganda Gov't, again. DYOR, but I'm far less concerned (conceding some ignorance) about this being an African play than I was 12 months ago.
DFS approved.
ML imminent.
Just wish I had more spare dosh.
GLTAH
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