Rare Earth Minerals, page-97

The jury is out on OZ REE clay explorers still. OD has hit good grades and shallow which is good. The basket quality is decent but the biggest spanner in the works is the recovery rates.

There is also no scandium which I think normally goes with ionic deposits. So as I said, we all got caught up in the good intercepts but there is a lot more to take in besides good hits. The massive exploration area is great but the good mineralisation is in patches rather than being all together in 1 lump which also does not help IMO.

Good news can swing it quickly so try not to despair too much right now (unless someone knows something we don't know yet)