I see a stronger pathway moving in the future with MTM & Geomega
Shall MTM complete a successful drilling campaign (size, grade, etc) and declare a large JORC at Pomme. Then take this to development / production in the coming years. They can collaborate and partner with Montviel (Geomega) to take their resource into production alongside Pomme.
This will be able to create one of the largest Rare earth production operations inside Canada, right next to the US, who is desperate to help fund these outside China
No sea freight costs and long lead times to get from Australia to USA/Canada Produce then truck to the destination. Much faster. Lower cost
No question that labour is expensive but I am confident that labour in Australia is just as, if not more expensive than USA/Canada Both Canada & US are trying to collaborate and create refining / production facilities for Rare earths, due to current China domination
MTM Price at posting:
10.0¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)