Solid (REE) rare earths recovery rates at Mt Ridley, page-304

Shareholders need to be careful before getting too excited about MRD and REE - I'm in ARU a shovel REE project, all approvals in place (especially difficult environmental ones) , a huge resource, govt support etc but they îó bystill haven't got an offtake and the funding to go with memight finally be getting close

It has taken years for ARU to get to a stage where they are able to go to the market for offtake counterparties as a foundation for funding and at this stage nothing has eventuated. It is a large proven resource ready to commence mining.

I'm not negative about MRD and REE just not convinced that it is going to do much for MRD's share price in the short / medium term. There are a lot of more advanced projects in Australia and overseas.