Phase 3 - Delineation: 70% JORC Resource >45kt contained Nb2O5-equivalent
Phase 4 - Feasibility: 80% Feasibility study costed to +/-25% accuracy"
So for 70% stake they have only make the JORC Resource.
For this Globe will only spend $5 to 8m.
Look at their main niobium project where the have JORC Resource and spend only little pocket.
consolidating nicely, page-26
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