Tuesday May 28, 2024

James Durrant - RareX Looks to Repeat the $1.3-billion WA1 Resources Success Story of Niobium in WA

RareX (ASX: REE) has just put its foot on a highly prospective piece of land 300 kilometres east of Kalgoorlie. It believes this land is highly prospective for niobium, previous drilling has already shown it hosts niobium, it's now a question of how much and at what grade. Niobium has driven the enormous success of WA1 Resource, which is now worth $1.3 billion, RareX is worth just $13 million and that difference highlights the enormous upside for RareX shareholders as it starts to drill at its project in WA.

----

Produced by Resource Media

----

The Hole Truth is a product of Read Corporate.

Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions. 

Comments (0)

To leave or reply to comments, please download free Podbean or

No Comments

Copyright 2023 All rights reserved.

Podcast Powered By Podbean

Version: 20240731