From the 13min mark and 5 seconds...
"These results have got people's attention, we've got about 1/10th of them back, the rest of them are imminent....we do expect them over the next couple of weeks."
The question we need to ask ourselves is, who are these "people"?
Are they Australian Institutional Investors, International Institutional Investors or Tier 1 Mining Companies?
All of these entities are desperate to have exposure to a low Opex, 60sqkm to 100+sqkm, High Grade, Shallow, Thick Rare Earth deposit with Nickel Chromium and PGE cost credits in low-risk WA, where the Federal Govt will pay for the low Capex mining construction costs.
We should expect to see strong rerating(s) and share price move(s) of Desert Metals as these REEs confirm consistent, thick, high grade REEs over 10km, 15km, 20km of strike length.
From the 14min mark, Dr Rob Stuart states "a lot of exciting results coming down the pipe" and "we are waiting with anticipation for the rest of the assays..."
You can hear the excitement in Dr Rob Stuart's voice and comments about the remaining 11,000m of drilling assays that are imminent. Don't forget, Dr Rob Stuart and Dr John Mair are very conservative geoscientists.
Innouendy REE announcement was the only Trading Halt that was used by DM1 to initially highlight to the market what they found after 18 months of exploration. The 250 drill holes (11,000metres) of REE Clay assays are imminent, as per Dr Rob Stuart's comments in his presentation.
As 10, 20, 30 or even more drill holes 3km-5km+ strike length by 2km-3km wide, confirm 60metres, 70metres up to 80metres of thick high grade shallow Rare Earths. Innouendy starts to become a Globally Significant Rare Earth system....
This above is one of the first presentations that Dr Rob Stuart has given, now that the company has made a
"Significant Rare Earth Discovery at Innouendy....."
Desert Metals confirms ‘significant’ rare earth discovery at Innouendy (*********.com.au)
Exciting times for DM1 shareholders as these Rare Earth assays start to flow at any time.....GLTAH
While Tony is diamond drilling into those 30,000S Conductors at Dingo Pass...
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1 | 47619 | 0.021 |
1 | 500000 | 0.018 |
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