The MD is a very experienced resources analyst, there wont be any wasted cash spent on potential resources. The MD being apart of Iluka resources business development team for many years and analysing resources/potential resources with such a large player as Iluka is just the experience ALB needs at this point in time. The senior geologist will be identifying the drill targets, not the MD. Which is standard practice. Would you want a geo running the operations, finding soph investors & finances of a company? probably not..
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