2x the IPO price - and they drilled into the highest grade rare earth mineralisation globally in January
Includes TREO grades that are over 50,000x higher than MEI and VMM
Heavy rare earth grades that are nearly 25x MEI and VMM
World class niobium and scandium grades
Canaccord’s numbers put the in-situ value per tonne of this ultra high grade mineralisation at over US$4,000 per tonne, which is higher than the worlds highest grade gold mine, Fosterville
Or compare it to the greatest nickel discovery in the last 50 years - Voisey Bay:
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