IAC projects generally 10yr timeframe from discovery to development to producer stage. We have the advantage of already having spent 10 years in development with Geomega doing the test work. You've mentioned this a number of times thanks for reminding everyone that they are investing at the right end of the timeline. Also have the added bonus of US prioritising North American sources of REEs as a matter of national security. What's the host rock in our carbonatite ? what's the level of uranium / thorium ? what's the difference between diamond drilling in Canada and Australia ? why do they think they can drill out the targets so quickly and easily is it the host rock not a granite intrusion ? could we be dipping the drill bit into a plethora of REE minerals ? Your right MTM will differ from WA1 but the baseline percentages might add up in our favour.
MTM Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held
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