KRE 0.00% 6.9¢ kimberley rare earths limited

crazy-$12.4bill asset now at cash backing 15c!, page-11

  1. 15,774 Posts.
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    I havent read anything to suggest an oversuppy of rare earths of the medium or long term. Infact everything suggests the opposite. In addition one needs to remember relative to the very few rare earth projects globally cummings range is relatively advanced.
    China attempting to leave supply for the medium term suggests they dont see supply increasing any time soon.
    It's a very ealry stage project but with prices increasing in REEs to the exent they are the reality is in IGV of resource in Cummings range would be worth alot more than last valuation.
 
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