I wonder if our Directors are in direct discussions with Lynas?
Lynas CEO says company is eyeing rare earths buys in Malaysia, Brazil"Lynas Rare Earths is eyeing potential purchases of rare earths deposits in Malaysia and Brazil and plans to work with early-stage developers to help bring their mines online, its CEO Amanda Lacaze said on Wednesday."
We tick all the boxes. Geographically, and through our Directors' expertise and contacts. We are hugely undervalued at a $10m MC. I believe we should be multiples of that already, with what we are sitting on.
"Enova remains focused on advancing its exploration pipeline across key projects in Australia and Brazil, targeting high value rare earth and industrial minerals. Following the successful completion of drilling at CODA North, the company is progressing with resource definition and metallurgical test work to further delineate high-grade mineralisation. The next phase includes expanding drilling at CODA Central, where initial reverse circulation drilling has commenced, and continuing geochemical sampling in the Juquiá Alkaline Complex. In addition, Enova is pursuing opportunities in lithium exploration
within Brazil’s Lithium Valley, where reconnaissance and sampling programs are underway.
The company remains open to strategic acquisitions or
partnerships that align with its long-term growth objectives, including potential collaborations in processing and refining.""The demand for rare earth elements (REEs) and industrial minerals continues to strengthen, driven by
global decarbonization efforts, advancements in renewable energy, and the growing electric vehicle (EV) market. Neodymium (Nd), Praseodymium (Pr), and Dysprosium (Dy) are key REEs essential for high-performance magnets remain in high demand, supporting Enova’s focus on rare earth exploration. Additionally, global trends in zircon, ilmenite, and rutile indicate stable and growing market conditions.The company continues to monitor commodity price movements and evolving supply chain dynamics to maximise project economics and shareholder value while advancing its projects toward resource development and potential production pathways."
Let's go!! It's time for a massive, maybe Meteoric (MEI) type re-rate?
(20min delay)