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clock Created with Sketch. 26/08/23
00:14
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Originally posted by Spoilt:
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I personally think a lot of it has to do with being tied to HAS - we tend to follow their price action as well as NdPr prices. We need to break the association with HAS that we have given proximity, and comparisons made back in the day. Dre are a lot more than our REE - and ours are looking a lot more promising, with simpler capital and company structure + no debt. Not to mention we have a raft of other projects and minerals which are all potential company makers.
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To add… I take comfort knowing that ~85% of funds are going in ground with active drilling campaigns. Unlike a lot of exploratory companies which have great ground that end up “dead” and never move for years as directors suckle off funds as a lifestyle company - we don’t have that issue here and we know that eventually we will find out what we really have - by then you can liken it to a binary event in a way, we will either be very happy or satisfied/potentially sad — at least we will know, and we have multiple promising chances with a single ticket.
Last edited by
Spoilt :
26/08/23
(20min delay)