Ok, I get the disappointment around the REE announcements, but there may be an upside that hasn't come out yet. Contrary to their name, Rare Earths are not rare. What is rare is finding them in commercial concentrations. The problem with with REE mines is the distance to the processing plant. Here are 2 examples: WA miner Lynda sends their REEs to their processing plant in Malaysia. This is expensive. On the other hand, Dateline Resources (DTR) is only 10km from a nearly-completed processing plant. So DTR are looking good.
The interesting point for CTN is that LYC has plans to build a REE processing facility at Kalgoorlie, just up the road. So the Dundas find make yet prove to be economic.
Watch this space and I will do more research.
- Forums
- ASX - By Stock
- CTN
- REEs
REEs
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTN (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.715M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $672 | 224.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 3169369 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 5670068 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 3169369 | 0.003 |
17 | 15063675 | 0.002 |
11 | 13172610 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 5670068 | 14 |
0.005 | 5969000 | 9 |
0.006 | 3420888 | 6 |
0.007 | 2080004 | 3 |
0.008 | 913756 | 2 |
Last trade - 10.02am 17/06/2024 (20 minute delay) ? |
Featured News
CTN (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online