Lot's of time for the bids to buildIt would not take much to have this gap and open over 1.00. Very good reason for that.
I have a feeling the news will be a successful test that isolates "neighbour" REE's... From their release. "The next series of separation tests aims to isolate “neighbour” REE such as neodymium (Nd) vs. praseodymium (Pr) and dysprosium (Dy) vs. terbium (Tb). Results will be disclosed as they become available."
This is big.. very big...
"“Not only the separation occurs simultaneously, the slower and less abundant heavy REE are the easiest to isolate using our physical approach. A lot of process optimization and engineering work ahead of us but the confidence level in commercial scale-up is now very high. The world is funding research and development for a sustainable alternative to solvent extraction dominated by China, this breakthrough developed with our partners over the last two years leads us to believe we are close to succeeding.” comments Simon Britt, President and CEO of GéoMégA."