We have the richest rare earths mine in the world You could call it our Olympic Dam of rare earths
Could you imagine BHP inviting another company for a pitiful $20 million to set up a mining venture only 600 metre from their Olympic Dam pit wall. It is inconceivable and I am at a loss to understand how this ever proposal ever got out of the board room.
If this goes through, all the shareholders will be the loser
I often research mining companies and hear terms of nearology such as 10 km or even 50 km from a world class resource and they hope that they will find minerals associated with a decent deposit.
What more will you find if you can mine within cooeee distance from our mine?
Ton io
LYC Price at posting:
$1.92 Sentiment: Hold Disclosure: Held
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