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Solid (REE) rare earths recovery rates at Mt Ridley, page-343

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WildEagle

400 Posts.

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21/12/21

14:34

Post #: 58438915
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Originally posted by Ddog157: ↑

Still feel the key thing for MRD will be the hopeful announcement of a potential discovery next year. A REE discovery of a favourable mineralisation will open all kinds of doors/options. These may include government funding, JV's and even some interest from our mates overseas.

If they want this thing to happen and they have the goods....then it will. Perhaps a lot quicker than some may think. Rightly or wrongly, one only has to look at the buy in from our overseas investors for Lithium in preparation for a new energy phase.They are not mucking around.

I think a few people still think that Mount Ridley must foot the entire bill for the start up of a successful REE production program. Not necessarily.....

A quality discovery will see MRD holding the cards and can sit back to consider what path they choose to go down.There may be options they didn't even know existed!!

MRD also knew about this WHILST the iron ore project was in play......but that's another story

Next announcement of results will be the acid test for mine.

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Like your thinking Ddog157 loads to look forward to in the coming months imo .

MRD Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
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