stockheadDOTcom.au/*-tv/v-cons/v-con-rare-earths-rare-upside/ (replace the DOT).
This turned very unexpected with some actual chunks of clarification and new news here - highlights being more understanding of Cummins Range, name dropping at Orange East and a good overview of news to come.
Video at the bottom of that page. Very similar presentation to yesterday. Lots of talk of Rare Earths, very little talk of copper gold. Hard to tell exact date of video, but likely filmed around 1-3 weeks ago. The presentation in yesterday's announcement is a little more current.
Points of note follow and newerish stuff in my bolding.
Cummins Range
Just finished over 6000m of drilling. Had a lot of sucess there. Sending assays to lab. Results back in near future. "Most importantly, 22.1% NdPr content which pegs us very close to all our competitors and in line with Mt Weld as well". Ultra-low thorium content. Low thorium means premium product.
"Very successful drilling program. We've hit the mineralisation everywhere we wanted to. Lots of newsflow over the next couple of months."
Low capital strategy. Expect to have some product to show later in the year to show potential customers and move the project forward.
Weld North
Exciting. Right chararacteristics. October drilling.
Kincora
(Nothing particularly new of note).
Orange East
Very exciting. Working through with consultants will update market. "Good porphry potential and also good McPhillamys gold potential."
News flow to come:
More assays from Cummins Range, metallurgical test work, scoping study towards the end of the year. Drilling at Mt Weld North. News flow from Kincora.
"Lot of upside left in our stock and we'd encourage shareholders to stick with us and new shareholders to join us".
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