Hello. BRE and MEI appear to be different beasts, with BRE possibly shaping up to be a hard rock high grade deposit. MEI will probably have 1 billion tonnes if they update their JORC but the MEI share price has fallen from 30 cents to 17 cents because MEI appears to now have a higher grade smaller tonnage strategy. Also, the Pd-Nd price has just fallen again and is now down to US$52.77/kg.
Ann: ACQUISITION OF POTENTIAL WORLD CLASS IONIC CLAY REE PROJECT, page-31
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