Thats right why are they here ?
The company has found ionic clay REE with an outstanding grade of up to to 2400ppm REE.
This is a very strong grade for ionic clay in anyones business.
And as for the cash, the drop from $5.2m to $2.8m was because of the drilling done, the amount of quarters will now dramatically rise as analysis of the results and no morevdrilling for now.
AR3 and HAS will be looking seriously at these results in my opinion. Most REE companies report no REE, LNR have released loads of ionic clay REE from drilling.
Well done team
Ann: Outstanding REE Results from Roadside Drilling at Murraydium, page-34
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