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REE, RareX Limited
nipper
post Posted: Jul 19 2021, 02:29 PM
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REE reacting well to the upgrade of resource ..... up 20+% today to 10c

QUOTE
A 47% increase in overall tonnes to 18.8Mt and maiden 11.1Mt Indicated Resource confirms that Cummins Range is a high quality deposit with potential to underpin a long life rare earths business


HIGHLIGHTS
47% increase in overall tonnes to 18.8Mt at 1.15% TREO (inc. 0.23% NdPr) + 0.14% Nb2O5
High grade tonnes to 6.5Mt at 1.98% TREO (inc. 0.38% NdPr) + 0.21% Nb2O5
Maiden Indicated Resource of 11.1Mt at 1.3% TREO (inc. 0.27% NdPr) + 0.17% Nb2O5
Potential byproduct Niobium Resource reported for the first time
Deposit open in multiple directions ... both down dip and along strike
Major new 6,000m growth drill program well underway with RC drilling completed and diamond drilling set to begin shortly



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
mullokintyre
post Posted: Mar 3 2021, 02:18 PM
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In Reply To: rozz's post @ Mar 3 2021, 01:53 PM

No one ever went broke taking a profit is my motto.
But yes, it may well go higher, but I have been in and out of this one a few times, so hoping I get another chance to get back in again at a lower price.
Mick



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sent from my Olivetti Typewriter.
 
rozz
post Posted: Mar 3 2021, 01:53 PM
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In Reply To: mullokintyre's post @ Mar 3 2021, 10:14 AM

Well done on your 20 percent.
Think this will head much higher.

 
mullokintyre
post Posted: Mar 3 2021, 10:14 AM
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In Reply To: mullokintyre's post @ Feb 4 2021, 10:03 AM

Up 20% today.
Sold half and took my profit.
Mick



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sent from my Olivetti Typewriter.
 
mullokintyre
post Posted: Feb 4 2021, 10:03 AM
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In Reply To: mullokintyre's post @ Jan 22 2021, 09:09 AM

Up 15% on news that REE has signed an MOU with a Chinese rare earth company.
Non binding MOU - even if it was binding, the CCP will drop it should it desire to do so.
Mick



--------------------
sent from my Olivetti Typewriter.
 
mullokintyre
post Posted: Jan 22 2021, 09:09 AM
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In Reply To: mullokintyre's post @ Jan 19 2021, 01:00 PM

REE down further today.
Looks like the market was not too impressed with the shallow mineralisation returns.
Oh well, thats life.
Mick



--------------------
sent from my Olivetti Typewriter.
 


mullokintyre
post Posted: Jan 19 2021, 01:00 PM
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In Reply To: mullokintyre's post @ Jan 15 2021, 02:44 PM

looks like the profits have been taken. Down 10% today.
Mick



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sent from my Olivetti Typewriter.
 
mullokintyre
post Posted: Jan 15 2021, 02:44 PM
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Have not seen any announcements to warrant such behaviour, but REE up 22% today.
Thats nice.
Mick



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sent from my Olivetti Typewriter.

Said 'Thanks' for this post: rlane  
 
nipper
post Posted: Jan 2 2021, 06:17 PM
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REE made Tim Boreham list for 2021 : https://stockhead.com.au/experts/tim-boreha...in-2021-part-i/


RareX (ASX: REE) – market cap $47 million


QUOTE
Elon Musk’s electric vehicle (EV) maker Tesla is now worth more than $US600 billion ($810bn), prompting renewed buying support for the battery materials stocks.

The argument goes that if Tesla is worth that much, the EV and energy storage revolution must be real – and hence a voracious need for lithium and graphite despite price weakness across these commodities.

Rare earths are also required in not just EV motors, but wind turbines. That’s why leading rare earths stock Lynas Corp has performed strongly.

For those who prefer getting on at the basement, junior RareX has a known resource in the Kimberley region of WA and is doing something that hasn’t been done for years – exploring for new deposits.

Trade fears around the China supply chain have emerged in recent times, adding a strategic leg to the rare earths demand story.






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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
mullokintyre
post Posted: Nov 18 2020, 02:33 PM
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Posts: 3,343
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In Reply To: nipper's post @ Nov 18 2020, 01:07 PM

Thanks for this one Nip, added some as a speccy today.
Mick



--------------------
sent from my Olivetti Typewriter.
 
 


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