Ok. Here's two questions.
If
1 BRE have over 350 million tons of TREO (at about 1/6th NdPr) sitting in/on a hill top
that is weathering into a single narrow catchment 8 km upstream . . .
2 then
3 what is the probability that soil/auger testing in GMN 872221/2023 will discover nothing
and cost more than $x (insert an estimate here) ?
4 and also
5 is this a high risk / low reward exploration bet ?
Maybe someone will think that the answers are not obvious and ask the questions.
Refs:
22/12/2023 09:26 ( Monte Alto JORC, pg 20 )
19/12/2023 15:00 ( Auger Action, pg 57 Fig 12 )
22/01/2024 08:18 ( NdPr Price 2023Q4 US$60,000/ton, pg 2 )
Ann: Exploration commences on Clay-Hosted REE tenements, page-27
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