Ann: NORTH STANMORE INITIAL MINERAL RESOURCE ESTIMATE, page-31

Is bizarre to do a MRE when the 1000ppm grade can't be connected due to far spacing in drilling

M24 have I easily estimated a continuous 100mt @1000ppm well connected clay deposit, but the managing director actually said that current drilling isn't substantial to do an MRE and awaiting on recoveries any day now, to figure out if they should enter into the $1million stock option and drill it out or throw it away and focus elsewhere


so VTM price I thought was climbing on the super high 80-90% recoveries however it needs to be concentrated and high temp acid leach (not ionic),

maybe it was on a 1000ppm MRE ? If they knew it wasn't going to be substantial at 1000ppm, maybe they should have kept drilling to find the good spots ?

My holding in M24 is what should they do?, does VTM or anyone have indicative targets from institutions for ppm and size + recoveries for capital raising?

what is AR3 doing ? They have acquired more land so are they looking for higher grades ? Or going to make a go at their current 700ppm resource ?

Then you have all the Esperance 0.5ph deposits like 0D6 and the Murray basin mineral sands monazite stocks, what are their plans for capital raising ?

IXR, MEI have ionic heap leach so they are in another leauge of economics and market cap is in a different league.

I actually thought VTM had it figured out, hopefully someone can come up with a lithium type grade X mt equation for clay ree deposits

interesting to know if anyone has any targets on capital investment for this clay ppm stocks