Desk · Resource definition · HREE-heavy
ASX:ABX
ABx Group
Deep Leads ionic-clay REE in Tasmania — the rare Australian ionic-clay occurrence. Small, early, jurisdictionally premium.
Stalled
Pulse Timeline
Isoelectric line is the baseline Pulse. Spike height is catalyst strength. Wide gaps or a flat line = stalled progress / life support.
- 1) 11-01 MRE
Lead II · 25 mm/s · Pulse 10 mm/mV · snapshot 2026-08-22
Life support
Isoelectric. No material beat in the window. A listing is not vitality.
- Last beat
- —
- Beats / 90d
- 0
- Recent gap
- —
0 beats in 180d
- — No dated beat in the trailing window.
- — Next: Resource update / met (71d).
Trading
- Last
- A$0.070
- 1d
- +1.4%
- Mkt cap
- $22M
- Volume
- 1.8M
- 52-week
- A$0.03 – A$0.12
- 1m
- —
- 3m
- —
- 1y
- —
Shares — · EV / MagREO $5.5M/kt · snapshot, not a live tape
Company & people
HQ
Sydney, Australia
Focus
HREE-heavy · Ionic clay
CEO Mark Cooksey
- Mark Cooksey, MD
Mine / project
Flagship
Deep Leads / Rubble Mound
Location
Northern Tasmania · Australia
Deposit
Ionic adsorption clay
Resource
Smaller than Brazilian peers; Australian ionic clay is the scarcity. Resource definition ongoing.
Desk basket
4 kt MagREO (desk)
Radioactivity
Low — permit tell vs peers
Capital, loans, grants & support
None the desk is willing to count yet.
The Pulse
Tasmania is not Minas Gerais. Size is modest; jurisdiction is the bid. Pulse is a resource large enough to feed a Western MREC plant.
ASX microcap. Not a listing story yet.
Next: 1 Nov 2026 — Resource update / met
Nasdaq path
Home listing is not Nasdaq. Bid price, registration, and a real asset gate are.
- 01 · DoneASX listing
Primary listing ABX. Tasmanian ionic clay — scarce geology, modest size.
- 02 · GapUS OTC
No US ticker.
- 03 · GapDTC eligibility
Not in play.
- 04 · GapUS holder tape
Microcap. Jurisdiction is the bid, not a US roadshow.
- 05 · NextResource large enough to feed a plant1 Nov 2026
Met and a bulk resource, not vein photos.
- 06 · GapSEC registration
Not a listing story yet.
- 07 · GapNasdaq $4 bid
Last ~A$0.07.
- 08 · GapNasdaq application
No.
Catalysts
Resource update / met
Desk note
Stays on this device. Not the press release.
Pulse = Catalyst proximity + government/strategic support + Nasdaq-path / listing signals + valuation & execution + stage progress. Method
