AP, Booyana granite's look like source rock's for REE Oxides at...

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BigRed32

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30/03/23

10:17

Post #: 67037865
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Originally posted by ArgylePink: ↑

Bigred

Let me tell you a tale. In 2018 PLS was 10 , CXO was 3 cents , LTR 5 , AVZ 3, LKE 3, KDR 5. The list goes on and on. At the time all the different shareholders of each company where shit canning each competitor company on HC. LTR deposit to deep , AVZ in Congo , LKE in Argentina , CXO only got shit small deposit PLS got big deposit to far away. My company best , my company best they would type on HC. Same thing happened with iron ore 15 years ago in the Pilbara. Everyone was bagging each other's stock thinking that only there deposit would get mined blah blah blah. The same is happening now on HC in rare earth space. My deposit has better grades than yours , mine is bigger , mine is on crown land , mine has heaps of cash etc etc etc blah blah blah.

Facts are in REE space China dominates 100% production of REEs. 100% Production of REE magnets come from China.

The West cannot allow this anymore that is fact. USA are doing something about it right now.

The point of my post is that Hard Rock and Clay REEs will need to be mined in Australia if we are to wean of China.

All Esperance Clays are a high chance of being mined. All there grades are so similar it does not matter. As i said in 2018 some lithium plays were 1% and some some 1.3% and everyone said on HC , 1% that is to low it will never get mined. Guess what all of those company's i talked above have very different grades of Lithium and all are being mined.

IMO REE space for clays in Esperance is about to boom. The world needs our REE deposits ALL of them.

Cheers

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AP, Booyana granite's look like source rock's for REE Oxides at Prop and Centre prospects. If MET results are positive for these prospects then substantial rerate will come. These Booyana granite's are high grade in REEs and hopefully they have been leached out by acidic water and deposited at Prop and Centre.

OD6 Price at posting: 21.0¢ Sentiment: Hold Disclosure: Held
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AP, Booyana granite's look like source rock's for REE Oxides at...

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