Hopefully commodity prices will see some tail winds over the coming months. I know that the talk is all about recession and the debt ceiling stand-off in the US at the moment, but with their banking crisis rolling on, I think there's always a chance of substantial liquidity injection both by the Fed and other CBs which would probably find its way into commodity prices pretty quickly. There's also the Chinese REE export ban wild card which could light a fire under REE stocks.
LYC is the pre-eminent REE stock outside of China so it would almost certainly benefit greatly from any shortages. I just hope they can sort out their Malaysia troubles (which some believe are being orchestrated by the Chinese in order to protect the global dominance of their own REE industry). But either way, longer term, they should do very well with their new Texas plant.
TBH, while I find REE projects interesting, the commodity I'm most interested in in copper. The main reason I like GRL is because of the copper/gold porphyry potential in the LFB in NSW. IMO, GRL is very well located there. I'm very excited that we will be kicking off our Yeoval drilling campaign soon. One really decent copper/gold drill intersection and the SP will take off!
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