Pretty sure the G11009, sample represents only 1.5-2.5kg surface rock. Sounds like you are assuming the entire carbonatite body/plug below ground (and I mean deep underground also, that's the biggest mystery the depth) would be same ppm; that's crazy talk, but interesting nonetheless. That old drilling for iron-ore at the time, mentioned in (old) publication, that they found ~800k of ~35% grade iron ore; but ascertained it wasn't viable as it was under ~800k of ton of rock to get there; I don't recall it ever giving any indication of depth (so this has my curiosity - cautiously optimistic) sounded like they got dismayed but the limitations of the drill rig.
This will be at least a four year unsolved mystery imo; clearly it's got your interest (partially checking some rigorous investment boxes) so here's hoping everyone gets a good chance to pick up a reasonable parcel size; I actually don't think there is much more share's to be soaked up.
Amazingly we are seeing all this being played out with EPM, I keep seeing the coincidental 2025+ peak being referred to: REE market decoupling from China (threats of reducing availability to US <2 years) EV market and Battery Metals (copper/manganese) Solar Panel price increases (quartz/silica) Ongoing - Silver Short Squeeze. Ongoing - Uranium Thesis, on the NT tenements.
Got to grab the bull by the horns in this commodity "super-cycle"; albeit we are early or are we just on time.
Makes me think weather the next car we all buy will it be a Internal Combustion Engine, or will drive our current cars to the ground a little longer and then pick up a reasonably priced EV.
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