re: Ann: Quarterly Activities Report - Decemb... Mostly as expected.
Nice:
- the progress on the zirconium front:
"A yttria (Y2O3) stabilised zirconia product has also been successfully developed. This offers potential for the Project to consume some of the yttrium and/or cerium produced from the rare earth processing and adding value to the zirconium product suite."
- lots more exploration ongoing than I expected
Not so nice:
tantalum doesn't even get mentioned ... Oh well - they are at least saying that they still are working on improving the process in all areas, so that might include tantalum, too ...
What I don't really understand is why we did drill more of the DZP area deeps now - can't see how those results have an impact on anything we will be doing during the next 10 -20 years - so why spend the cash ... ? They say its "to assist with total resource potential." Maybe Shin-Etsu wants to know exactly how many decades we'll get from the DZP before they agree to a higher multiplier for the DZP selldown?
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