IXR 3.70% 1.3¢ ionic rare earths limited

I think the REE price spike is probably a key part of the reason...

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    I think the REE price spike is probably a key part of the reason why others have also gone for relatively large CRs, i.e. make sure you have a runway in case there's a price dip (or say possible legislative uncertainty, secure a guaranteed runway while you can kind of thing?

    The govt was flagging some murmors pre election time re this.

    Anyway I'll hold if there's some skittish ones which sell based on the govt possibly aligning it's interest with the company by either purchasing or getting a share (likely come ML time - doing it earlier would be far too impractical for exploration stage companies imho).

    Interesting that tin Tanzania apparently this has been applied to less than 1% of mining companies?? That seems oddly low. Anyway definitely the last post from me on this thread until we know more . Still looking forward to the SS!
    https://www.dlapiper.com/en/morocco/insights/publications/2020/08/africa-connected-issue-4/6tanzania-mining-legal-framework-overhaul/
 
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