And thats not even considering our assets in the USA, Copper Warrior and West dessert. What caught my interest in the West Dessert deposit is that it contains one of the largest undeveloped indium resources in the world.
The historical resource included an indium inventory of 1,534 tonnes contained metal and what makes this Indium resource even more impressive is that less than 35% of drill hole samples for the historical resource were assayed for indium, indicating potential to significantly increase the indium resource.
Why is Indium important? Indium is widely used in the electronics and semiconductor industries for the use in low carbon technology including batteries.The US Department of the Interior has included indium as one of 35 mineral commodities considered critical to the economic and national security of the United States. Currently, the US is a 100% net importer of indium. If you think the US will not want this project to be developed think again.
I agree with the above poster and to say I think we are still undervalued in comparison to their valuation of Aston Bay is an understatement.
Ann: Investor Presentation, page-191
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