Ann: Positive Phosphate Extraction Pilot Plant Results, page-2

Yeah
66% of measured and inferred inventory confirmed as high yielding NdPr material from last announcement and now we have the pilot plant producing high value phosphoric acid.
“The two phases of pilot operations conducted to date for Nolans have been completed according to schedule with results meeting our expectations,” Mr Lockyer said. “We have every confidence that this trend will continue for the rest of the pilot program. Following our successful capital raising earlier this year, the Company is well funded to complete its pilot programs which will ultimately feed into the final feasibility. Combined with improved NdPr prices, the pilot results play a major role in determining the final costs and feasibility of the Nolans Project and when it can be developed into a long-term secure supply of highvalue NdPr magnet-feed rare earths.”
Nice to see it coming together well done Mr Lockyer