What more could management do? Really?
- In 18 months they've done nothing but spend money on drilling and have no idea if it's even viable to process. Not even a simple indication.
- If Mets indicate they need high temperatures and a pH of 1-3, this project is not viable in the slightest at this in-situ concentration of REE. The millions they spent continuing to drill and pay management would be for nothing and at the expense of diluting shareholders.
- To say they have done Mets in secret is misleading because the duty of continuous disclosure dictates they need to make people aware of these material results (so they are either incompetent or not meeting their disclosure obligations).
The MD has been on the board for almost a year, and the same geologist has been here the whole time. This is not just new management finding their feet.
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