Thanks Hoodle for your summary of the SS situation at IXR. Much appreciate. It looks like a short term correction (anyhow, you know how I feel about impatient investors).
Like RNU, AR3 seems to have minimal to no barriers to entry. Better still, it seems to be neither fundamentally flawed from a geological or geopolitical standpoint. However, AR3 are in the process of metallurgical testwork to prove that they can recovery the ‘right’ key elements. So, assuming solid results it would derisk the project significantly and in my opinion blow the market out of the water.
The bottom line for me is that rare earths aren’t rare. However, ionic clay hosted rare earths are. And if you find one located in a ‘sovereign-trusted’ country it’s the rarest of all. Therefore, AR3 seems to be in a league of its own and hard to value.
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