I think lower grades, but in clays which is the key economic consideration. PPM lower than their REE discovered at RAND (16th March 2022)
Comparison to ITM suggests these grades are similar to their results ( I also hold)
Also only $17m mkt cap and clearly they are onto something. So for where they are at, seems a good start to me. 18 more hole assays to come.
Happy to add a few more based on this - However, investors should take a long view of at least 24 months IMO.
Ann: Major Clay Hosted Ionic Rare Earth Discovery at Mt Clere, page-6
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