ELM
two more drill holes ain't going to make much difference since ELM already has a massive resource
the aim of the drill holes was to prove up more 50% KCI potash so ELM could adjust their feasibility study for a lower capex & opex scenario for the 1st five years of production
so the two new drill holes, while being superb (37% KCI) were essentially failures rather than successes
these two holes make little difference to ELM
what will change ELM is JV arrangements
regards
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