Not impressed. Every man and his dog has Lithium or REE projects these days. REEs in particular take so long to work out if you can do anything with them. I feel there was more value in the high grade Nickel Sulphides. Yes, it would have cost a bit to get the next round of deeper drilling that was required and that was problematic given the dilution it would have caused because of the erosion in share price over the past 12 months. These new projects will need to be spectacular to stand out in an already crowded market.
RAG Price at posting:
2.8¢ Sentiment: Sell Disclosure: Held
