Rare Earth prices have officially made an all time high. Trading at 602,500 Chinese Yuan.
I've included two yellow lines in the below graph. The first one was roughly when VML was gaining traction and showed interest in Nechalacho. The second Line, is in regards to VML's approval to mine.
If VML was seeking approval to mine at prior to ~$46,204 per tonne... and the RE price is DOUBLE that figure now...
Stage 1 should be looking very tasty at these numbers.
With Rare Earth prices forecasted to continue to rise, it's purely a game of patience from here on out.
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Rare Earth prices have officially made an all time high. Trading...
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