Stans Energy (HRE.V)

Rare earth play in the Soviet Republic. China is a 95% producer so anyone that can produce outside of China will have a good market. Very good resource and have good news out on recovery. His issue is that they have not been as forthcoming with information as to grades, resource, risks etc..

Very old, Russian asset in rare earth space. They struggled for 11 years to separate rare earth. Has mining permits and the old plant in a dismantled condition, and the whole sector is rather out of favour.

Rare earths in Kyrgyzstan. Was a pick of his at some point. (Don't have it in our records so not sure when it was the pick. Ed). Was never covered by analysts. Has sold most of his holdings. People will have been selling it for tax losses and will probably go a bit higher in the new year.