REE 0.00% 11.0¢ rarex limited

hey @keepingitrilI'm not seeing any comfort there. Even the...

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    hey @keepingitril

    I'm not seeing any comfort there. Even the medium to long term plans are still about being a broker in the middle of the chain ie the refinery discussions you mention are all about other parties refining - ie no cut in for REE or Trading Co. Broker models are only as good as any primary parties willingness to engage a broker to do their work.

    Until Jeremy proves otherwise, this model is a dud designed to get control of our ore into Shenghe's hands. If that ends up buiding the mine, great but you'd hope that the relevant financing vehicle fairly responds to taking 51% of Cummins Range from us (that's assuming we have some sort of contractual obligation to feed through the Trading Co).

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