Ann: Codrus Secures Large Scale Niobium Rich REE Project in WA, page-26

good looking deal, well structured imo.

excellent initial results, so not surprising to see the sp jump.

i have two concerns, first is that the mineralisation in hosted in xenotime which means a chemical jungle to get the elements of interest out and that is costly and energy hungry, second is the radioactive component (u & th) this can been seen in the brown halo surrounding the xenotime crystals in the photos. i'm pretty sure the green crowd will make lots of noise if they get a sniff of radioactivity in ore/concentrate/tailings.

outside of the ree's the ta and nb grades are excellent, so i see the potential for multiple product streams from this pegmatite.