Bought a small parcel to follow developments. Attraction lies in the easily accessible alluvial deposits with potentially high HREE values.
Could be relatively easy to get to concentrate stage and supply feedstock to LYC, for example. For this reason CUX could generate cash flow much faster than most of the other hopefulls in the RE space.
Nick Curtis has indicated that LYC would like to add a concentrate with high Dy values to the Mt Weld feedstock so perhaps even a takeover target.
Upcoming results will be very interesting.
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