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.
Ok, I get the disappointment around the REE announcements, but...
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