I don't mind a bit of venting, gets some life into the boards..
Was just thinking how important timing is on these commodity cycles. If they had found Sybella in 2021, this would have gone bananas. At that time AR3 got to $150m market cap on 800 ppm dirt with a strip ratio >5:1... i.e. worthless. But alas, they were a touch late to the party and we will have to await the next hype cycle to pick up some serious bags on this project.
At least the rare earths prices are showing some nice green shoots, Nd2O3 now >60 USD/kg. At 90 USD/kg I think this project looks very very strong economically (back of the envelope of course).
I don't mind a bit of venting, gets some life into the...
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