When do you think AR3 will release a scoping study?
At this stage, in my opinion I don't see a formal study being released to the market in the near future, as any study will require them to release some proper data about their REE extraction performance. Critical information like acid consumption rate and iron/aluminium extraction rate is noticeably absent from market releases despite 2 years of met testwork, whilst smaller players like HRE, MRD, VTM are happy to release this info after only 6 months of met testwork. Must be a reason why AR3 are so reluctant to release this critical info for us investors to work out some rough processing opex numbers??
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