Ann: Saprolite Clays & outcropping Charnockites identified, page-5

This is incredible , 30km of strike? Look at the thickness on those clays.

Jeez, putting news out this late, I had to scramble to buy in the match

The scale on this project is enormous and this block is only like 1/10th of their total landholding. For comparison, BRE's recent acquisition is just north of this block and they paid $15m AUD.

The play here is simple, stick some auger holes and get taken out by BRE. Airborne data suggests AUZ is smack bang in the middle of a giant anomaly, and I mean GIANT.

Where this will go...no idea. I made good coin on another Brazil REE stock (still holding).

BRE know the sheer scale, and hence their aggressive land grab. I would say AUZ has one of the better lands in the region, they should be able to achieve some very high IAC grading.

For comp, BRE is valued at $300m EQN is valued at $30m (no update on their project) , we should be valued at $30m-50m

all IMO