Hi Ausheds,Seems 'Jack's List' has caused some controversy. In...

Hi Ausheds,

Seems 'Jack's List' has caused some controversy.

In Alessandra Bruno's article, titled "LYNAS Finally…almost… Free from SMSL Group, Lifton Survivor List Spurs Debate", it was stated:

"...however, what struck Tracy and I in a conversation this morning is the absence of Crossland Uranium (‘Crossland’, ASX: CUX) in this group. Mr. Lifton stressed that one of the main advantages held by Northern and Hastings is that both their deposits are dominated by the mineral xenotime also known as yttrium orthophosphate (YPO4). Lifton has described it as “probably the most desirable” rare earth bearing mineral, because of its high content of heavy rare earths and critical metals such as yttrium. Xenotime processing has advanced considerably in recent years and it has been generally recognized as one of the most economically efficient minerals for rare earth production, the others being monazite and bastnaesite."

Xenotime is one of the primary sources of the more valuable heavy rare earths such as dysprosium and ytterbium Crossland, which showed the highest share movement last week (+22.22%) is working on the Charley Creek REE project in Australia’s Northern Territory. The ore presents a much higher than average percentage (17%) of heavy rare earths (HREE) even when compared to other rare earth projects in Australia (Mount Weld for example) and beyond. Crossland’s targeted deposits are monazite and xenotime, which can be processed using common acids. The Charley Creek project is expected to produce high demand rare earths such as neodymium, dysprosium, terbium, yttrium and europium.

(http://www.proedgewire.com/rare-earth-intel/weekly-review-non-chinese-ree-supplies-closer-in-tenser-geopolitical-climate/)

Seems like some other commentators have acknowledged the potential of CUX, even if Jack missed it at this time.

Cheers,

Stoops