Do a little research and it will make sense. The ore the R&D DOD and DOE partnerships were working on was lower grade but that's just half the story. The plan is to grow into the resource because of its sheer size, taking a modular approach and going for higher grades to begin with. There are also several other REE projects ARR has in the US, notably La Paz with the same ore which is crazy because they're in different states, hence the same benefits I mentioned with Halleck, and that's a Scandium deposit so has huge military aerospace uses, I suspect it will become the supplier of the US military's scandium needs down the line. 2% scandium added to aluminium reduces weight by 20% while keeping the same strength. Don't want to be seen as cross-promoting as MEI is a solid play and will be successful IMO, but ARR is the ultimate play, so hop onto the ARR thread if you wish to continue chatting. MEI IS STILL A BUY IMO!
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Price($) | Vol. | No. |
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6 | 509000 | 0.145 |
10 | 291900 | 0.140 |
4 | 417000 | 0.135 |
2 | 317699 | 0.130 |
Price($) | Vol. | No. |
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0.160 | 228413 | 5 |
0.165 | 457335 | 8 |
0.170 | 470707 | 8 |
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