Yes Ausheds I think the Pancon people would have much better knowledge than we do and I believe it was independent consultants that they turned to so I would expect they have better knowledge than even the Pancon people.
I find getting figures on the market of rare earths frustrating becuase there is no central market for them. This can create all sorts of corruption in stated figures. Who do you refer to for individual rare earth element prices?
I like the management of CUX for just getting down and doing the job. It seems to me though that because of that they do not get the recognition they deserve.
I think the fact that the rare earths in Charlie Creek are contained in Monazite and Xenotime does make it a relatively simple process to produce a high purity carbonite. This IMHO will make marketing of the product easier and more profitable.
But as I have always said the primary questions will be answered with the scoping study and those results will be available in the near future.
Hopefully for both of us and a number of others, the release of the results of the scoping study will initiate a substantial re-rating of the CUX share price.
Cheers
Stoops
CUX Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
