Well said BB, apologies as I might be repeating what you stated differently. I totally felt the similar. IMO when the REE industry will get chocked if not already now, therefore the tougher should get going eliminating all small players at some point of time. We seems to be are tougher in 1) resource volume could easily go over 100 years of mining at the current proposed rate without further expansion 2) Strong technologies - research with over 10 universities and results on our side 3) Efficient management - at the least they were bold enough to state words to the effect - we are not dependent on government grants, although any such grants could be icing on the cake. There are numerous others such as location, timing of REE ramp up, current low MC and reasonable SOI, pace of progress to mining to manufacture etc
Current SP movement, makes me feel some one is capable of putting all efforts to accumulate by keeping SP stagnant. I think this is just a repeat of the 13c time (for those who didn't make use of it at that time). IMO the advantage between accumulating at 13c compared to 26c may converge to become insignificant when progress is made to reach a position such as LYC or alike, then hindsight may not have any relevance similar to someone entered at 13c (see chats at that time predicting rerate by many here), which was easy at that time but may be impossible now or in future. The fact remains that not many are selling at these prices, and a possible rerate is imminent on the cards as there is an expectation of more investors rather than traders decide to enter or existing holders accumulate based on their appetite. GLTAH
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