Ann: Leach tests achieve up to 85% recovery of Magnet REE, page-17

Well they have run a very lean operation their entire massive drill program they undertook earlier this and late last year cost them and all the work since approximately 1.2m give or take a couple of hundred k but let’s be extreme and say it cost them $1.5m after tax of the approximately $6m they had I can’t imagine it’s going to cost them any more and probably a fair bit less now.
I would imagine these and further results would also greatly strengthen their case for govt grants, incentives, funding etc, given the huge national and strategic implications of a proven high grade economically recoverable REE resource that isn’t Chinese controlled.