ARR 1.69% 29.0¢ american rare earths limited

Ann: Breakthrough Metallurgical Results - Halleck Creek, page-12

  1. 455 Posts.
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    Well, hello game changer! So much good information in this ann, and not enough time today to give it enough attention. I’ll just note that in point one the preconcentrated to 3.5% TREO, can be upgraded to greater than 5% (5.4%)+ based on Don’s comment; “ Since that time, we have completed new exploration programs and developed mining plans in near-zero strip ratio ore that is 55% higher than was utilised in this work program.”



    The last point too, re next phase of study & is engaged in dissuasions around funding and next steps, reads positively that there’s an infusion of $ coming soon, and it’s not in the form of a CR.



    The flow sheet is increasingly looking like a Da Vinci painting too. Looks like we’re set to redefine how the market views Capex and Opex in the REE space IMO.



    I see this as probably the most significant ann re Halleck to date. Better news than the pending JORC ann. PEA is set to spin heads like an exorcist movie…


    Last edited by TheAlpha1: 22/01/24
 
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