Albeit this was a verification of the Ansto Pilot study on the (very) high purity separation of Terbium and Dyprosium for ASM ..given the potential revenue to be derived from a combination of both products ( circ $151 Mill ) , I was surprised that the ASX Announcement did not carry "the market sensitive "tag ....and even more , did not get a better market price reaction. The price re-action , or lack of ..whilst of course not an offtake , probably indicative the complete lack of awareness of where Terbium and Dyprosium fit in the scale of "needs" today ..and the market being otherwise distracted by local and overseas unfolding political events . For interest --I kept an article of just over 4 years ago , on Defense requirements for Rare Earths , including terbium . The situation that exiseted then ..is a darn side more underscored today .https://www.mining.com/web/u-s-fighter-jets-missiles-rare-earth-firing-line/ I suspect there is a lot more happening behind the scenes , than we appreciate --given the grants being handed out by the respective US Depts of Defense and Energy . AIMHO
ASM Price at posting:
$1.47 Sentiment: Buy Disclosure: Held
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