All taken from http://www.australianrareearths.com
"Australian companies now hold almost as much rare earth elements resources as does China. In terms of proven REE resources per capita Australia has the world's second richest population."
"China is no longer in the position of be readily able to kill off their competitors by dropping Rare Earth metals supplies to below cost of production as they are barely keeping up with their domestic demand and have imposed export bans, tariff's and quotas as described in the articles above to protect their manufacturing industries futures."
"Australia is about to become a major rare earth oxide concentrate and processed metals producer."
"Lynas Corp's Resource composition at its Mt Weld, Western Australia mine."
"Mt Weld: The world's richest rare earth deposit "
After reading the above, then going back to reading DMN's 3D gravity survey report again, I beg to ask the question:
why on rare earth is the sp still at 0.003???
DMN Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held
