Your way off target with this line. As I understand it Critical Minerals did a capital raising specifically to finance progressing their Tenbreeze REE project aquisition (inter alia). They raised well over $22 million. It was reported recently on Mining.com if you are subscriber. Share prices "miraculously" always seem to rise just before a CR .... and tank after. And that's exactly what has happened here with Critical Minerals so I wouldn't read too much into the (for now) falling share price if I were you.
Whether or not extracting REEs from eudialyte is economic or not ........... well its not so straightforward as far as I know and its a bit the "bleeding edge" of technology (cos it ain't ever been done on a comercial scale before as far as I know, although there is a lot of interest out there). But then the silica gellification problem is quite likely to bedevil the comercialisation of steenstrupine deposits too.
Personally I'm well invested in ETM, but this ain't no football game here, so I'm not one to cheer on one side or the other (I just want to make some profit). If there is another existing REE project already extracting from REEs from steenstrupine somewhere in the world, I've never heard or read about it (and I read a whole lot). So while Greenland Minerals has run several successful scaled up trials of the technology, at the end of the day the proof of the pudding would still be in the eating (so to speak) ............ if ever permitted. And the radiation problem is indeed greater with steenstrupine than eudialyte. Do some basic geological research for yourselves and you will see.
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