DRE 5.88% 1.6¢ dreadnought resources ltd

REE Resource upgrade, page-9

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    Hi Kevin, just to clarify, I think the 50-100Mt was the exploration target as per previous announcements. Updates to the market via announcements and Dean's interviews / presentations over the last ~6months talks to upgrading the resource confidence from inferred to indicated to support future feasibility work - so I think this is where the bulk of the effort has been spent rather than expanding the inferred resource. I'm guessing resource might come in somewhere between currently announced and 30Mt (?), with a good chunk of that as indicated category. Will be closely looking at TREO and NdPr grades, mineralogy and how close the grades/tonnes are to surface...will be interesting to see how it turns out. Cheers. NFA, DYOR.
 
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