Ann: Acquisition of the World's Largest Historical Cryolite Mine, page-113

Hi there Great people.
Idle hands today so I thought I might speculate as to what the JORC might reveal, but I also thought what would I compare it within the Rare Earth ASX listed companies

ASX Code: ALK ALKANE RESOURCES LIMITED 660,000t Total Measured and Inferred

$ 0.79 shares on issue 610,455,696 Making Profit

ASX Code: ARU ARAFURA RESOURCES LIMITED 840,000t Contained

$ 0.22 shares on issue 1,220,863,636 Loss Making

ASX Code: GGG GREENLAND MINERALS AND ENERGY LIMITED 4,570,000t Contained

$ 0.25 shares on issue 1,448,240,000 Loss Making

ASX Code: HAS HASTINGS RARE METALS LIMITED 176,870

132,500 tonnes TREO including: 33,900 tonnes neodymium oxide, 8,950 tonnes praseodymium oxide, 590 tonnes dydprosium oxide, 930 tonnes of europium oxide

$ 0.22 shares on issue 1,231,681,818 Loss Making

ASX Code: LYC LYNAS CORPORATION LIMITED 1,183,000t Contained

$ 4.90 shares on issue 908,163,265 Making Profit

ASX Code: NTU Northern Minerals

8.98 Mt @ 0.63% total rare earth oxides (TREO) comprising 56,663,000kg contained TREO using a cut-off grade of 0.15% TREO .

$ 0.049 shares on issue 4,527,755,102 Loss Making

ASX Code: PEK Peak Resources ltd

Ngualla Rare Earth Project southern Tanzania 170 million tonnes at 2.24% REO, for 3.8 million tonnes of contained REO

$ 0.11 shares on issue 1581,727,272 Maiden Profit

Then there is DRUM ROLL

ASX Code: EPM Eclipse Metals

JORC Resource, This is important as we don’t know as yet what it is, we can only speculate

$ 0.018 shares on issue 1,750,000,000 loss making

Does anyone care to speculate

Either way our EPM is way way way under valued should they come up with any reasonable JORC of say 1 Billion tonnes or more, Then Mary (Valley), sorry Chicken Salad its a valley rather than River, but who cares, Then the extraordinary Devils Elbow Tenements where previous drills have recovered a Ounce of Gold and near an Ounce of palladium, then central Australia for Uranium and Vanadium.

My head is getting Dizzy at the potential of this stock