Hi Alpha The Simply Wall St analysis is too simple.We are on the...

Hi Alpha
The Simply Wall St analysis is too simple.
We are on the cusp of proving up the biggest REE deposit in the USA and the cleanest. We cant be compared to Wall Streets so called competitors.
We are already chasing grants. I quote from my earlier post. We are likely to secure a much greater grant between USD 30-100mill
Paul Zink was CFO of Rare Element Resources. It is likely he was involved in the gaining of USD26.3mill of grants. He knows the people and the procedures. He and other full time staff will be beavering away on grant applications as I write.

Also we have other financial assets
Shares in listed entity at fair value 1,165,999
5-year promissory note at fair value With COB 2,990,207
TOTAL 4,156,206
We have a royalty agreement with COB which could realize AUD10-50m

We are now a critical asset for USA energy and magnet independence.
MP Materials need back up. A huge clean resource that doesn't require years of environmental consents is exactly what the USA needs.
When the USA is fully greened they will no longer need to be anxious about events like the Iranian backed attack on Israel or Russia's disruption of world fossil fuel supplies. Nor will they need to be held to ransom by Saudi Arabia limiting oil supplies to maximize their profit at a time the world needs lower oil prices.