Has anyone had a look at this, any opinions or did anyone...

Has anyone had a look at this, any opinions or did anyone invest?

From my reading of the prospectus it has some positive aspects, with Dudley Kingsnorth as chair it would be difficult to find somebody with more experence in the REE industry and the IAC('ish) mineralisation is very sort after for it's ease of processing and their grades look reasonable for an IAC'ish deposit. Also it's in Australia!

On the downside A$33m indicative market cap for a project consisting of a single exploration permit and a couple of applicatons would appear to be a bit optimistic, placing it between ARR & REE in current market cap of ASX listed rare earths explorers. The uncertanty with respect to the geological origin of the mineralisation is also a bit troubling, but apparently it looks like a regular IAC deposit and from the minerology studies it looks like it's amenable to regular IAC leaching/processing techniques.

The average depth of the ore body drilled so far is only 2-3 metres, which means they would be turning over a lot of prime agriculteral land to get to the resource below and given it's proximity to the famed terra rossa wine growing/tourism region of Coonwarra you could reasonably expect some pushback from locals if you were to apply for a mining licence for an open cut.

Anyway another one to keep a eye on, GLTAH!